Southern Cross Media Group (formerly Macquarie Media Group) is one of Australia's major media companies. On 3 July 2007 Southern Cross Broadcasting recommended Macquarie Media Group's offer of A$1.35 billion, for a takeover of the corporation. Under the deal, Macquarie Media Group will then on sell the metropolitan radio stations to Fairfax Media. On 5 November 2007, the company officially acquired Southern Cross Broadcasting's assets.
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