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Agreed to merge
- 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 estimated A$4bn (£2.25bn; $3bn), gives Nine Entertainment a 51.1% stake. The new business will be called Nine.
www.bbc.co.uk/news/world-australia-44961971
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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 · In 2014, Fairfax joined forces with Nine Entertainment Co to found online streaming company Stan – of which both companies own 50 percent. In December, Fairfax merged with Macquarie Radio ...
Jul 26, 2018 · Fairfax Media and Nine Entertainment announced on Thursday they were proposing to merge, with the new entity, to be called Nine, headed by the broadcaster’s chief executive Hugh Marks.
Jul 26, 2018 · In a joint announcement to the Australian Securities Exchange on Thursday morning, Nine Entertainment Co. Holdings Ltd. and Fairfax Media Ltd. said they had entered into a Scheme...
- Patty Huntington
Nov 25, 2018 · The $4 billion deal that will create Australia's biggest media company began over a June breakfast at Jagos at Miller in North Sydney between two old colleagues, Nine Entertainment CEO Hugh...
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...
Jul 25, 2018 · IN ONE of the biggest media deals ever seen in Australia, Nine and Fairfax have announced plans for a $4 billion merger that will see the name “Fairfax” disappear from the nation’s media landscape.