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- SYDNEY — Australian media companies Nine and Fairfax are due to merge in a 4.2 billion Australian dollar, or $3.1 billion, deal, one of the biggest media shakeups in the country’s history that would birth an entity that reaches more than half its populace every day, stirring outcry over a curtailment of media diversity.
wwd.com/feature/australias-nine-entertainment-and-fairfax-media-to-merge-in-3billion-deal-1202765154/Australia’s Nine, Fairfax Media to Merge $3 Billion Deal - WWD
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Jul 25, 2018 · Nine Entertainment Co. Holdings Limited (Nine) (ASX:NEC) and Fairfax Media Limited (Fairfax) (ASX:FXJ) are pleased to announce that the companies have entered into a Scheme Implementation Agreement under which the companies will merge to establish Nine as one of Australia’s leading independent media companies (Proposed Transaction).
Jul 26, 2018 · Nine shareholders will have a majority 51.1 per cent ownership of the proposed new company, which Fairfax chief executive Greg Hywood assured employees would still have “plenty of Fairfax Media DNA”. But former Prime Minister Paul Keating has already questioned the compatibility of the two newsroom cultures.
Jul 26, 2018 · Nine Entertainment Company (ASX:NEC) has announced a takeover of Fairfax Media (ASX:FXJ) in a move that will create a new media goliath in Australia worth $4 billion. The merged media operation will dwarf News Corp (ASX:NWS) as the country's largest media and news network with assets across print, television, radio and online.
Jul 26, 2018 · Nine Entertainment Group and Fairfax have agreed to a A$4bn ($2.9bn) merger to create one of Australia’s largest media companies, combining television, newspaper, radio and digital assets to...
- Jamie Smyth
Nov 25, 2018 · Nine's hot share price run hard and many believed it should take advantage of its stock surging 80.7 per cent to $2.52 in the 12 months leading up to the announcement of the merger with...
Jul 26, 2018 · The combined group will combine Nine’s free-to-air TV network, a portfolio of digital businesses (including listed property portal Domain, the Stan streaming business and the 9Now digital platform), Fairfax’s mastheads and a 54.5% stake in the Macquarie Media radio business.
Jul 26, 2018 · Australian media giants Nine Entertainment and Fairfax have agreed to merge, creating what they say will be the nation's "largest integrated media player". The surprise deal, worth an...
