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Sport Media Group

  • BY: Andrew Hore |
  • POSTED: 05/03/2009 |

Sport Media Group has obtained an interim extension to its bank facilities and continues negotiations for a longer-term agreement.

The Daily Sport newspaper publisher expects to complete discussions over the coming weeks. The company is still considering selling all or part of the business.

The shares recovered 0.25p to 3.75p a share, valuing Sport Media at £3.63m. The share price is still 92% lower than one year ago.

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