Wendy Palmer and her management team are expected to remain in charge. (Image: NZME)MediaWorks – owner of music radio stations including More FM, The Breeze and The Rock – has been sold to Australian radio firm SEG for an enterprise value of $130 million.ASX-listed SEG said the acquisition would be funded by a combination of existing cash reserves and a new A$87.6m (NZ$105.2m) debt facility from the Commonwealth Bank of Australia.SEG has also launched a share placement to raise up to A$11.7m, and it intends to undertake a subsequent share purchase plan to partially repay the debt facility. 'Joining forces'Th...