Macquarie Media Group - proposed acquisition of Southern Cross Broadcasting (Australia) Ltd

Acquirer(s)

  • Macquarie Media Group

Target(s)

  • Southern Cross Broadcasting (Australia) Ltd

Summary

Market definition

Please refer to detailed Public Competition Assessment below.

Competition analysis

Please refer to detailed Public Competition Assessment below.

Statement of issues

Document title Date

Public competition assessment

Document title Date

Timeline

DateEvent
23/07/2007ACCC commenced review under the Merger Review Process Guidelines.
03/08/2007Closing date for submissions from interested parties.
13/09/2007ACCC released Statement of Issues in relation to proposed acquisition.
26/09/2007Closing date for submissions in response to Statement of Issues.
05/10/2007Draft undertakings offered subject to ACCC final decision on competition issues. Former proposed date of 10 October 2007 for announcement of ACCC's findings amended to 18 October 2007 to allow for market consultation.
11/10/2007Closing date for submissions relating to draft 87B undertakings.
17/10/2007ACCC announced its decision to not oppose the proposed acquisition subject to accepting court-enforceable undertakings.