Merger execution factors were behind chief executive Jeff Howard's abrupt exit from the combined Seven West Media and Southern Cross Austereo, as profit slipped 16 per cent.
Southern Cross Media Group has sealed its acquisition of Seven West Media after securing approvals, as SWM's chief financial officer announces his departure from the merged media company.
Seven West Media and Southern Cross Media have shaken hands on a merger under which Kerry Stokes would step down as chairman of the board by early next year.
