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Merger
- On 26 July 2018, Nine Entertainment Co. and Fairfax Media announced they agreed on terms for a merger between the two companies to become Australia's largest media company. As a result of the merger, Nine shareholders own 51.1 percent of the combined entity and Fairfax shareholders own 48.9 percent. [ 22]
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Jul 26, 2018 · The prospect of Fairfax Media and Nine Entertainment coming together to form a giant media company with TV, online, radio, print, real estate and a streaming service has long been the topic of of intense industry speculation – and today that news takes a huge step closer to becoming reality.
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.
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 25, 2018 · Nine will effectively take over the embattled media company, with Nine shareholders set to own 51.1 per cent while Fairfax shareholders will own the remaining 48.9 per cent. Nine’s chairman Peter Costello said the move would “deliver new opportunities”.
On 26 July 2018, Nine Entertainment Co. and Fairfax Media announced they agreed on terms for a merger between the two companies to become Australia's largest media company. As a result of the merger, Nine shareholders own 51.1 percent of the combined entity and Fairfax shareholders own 48.9 percent. [ 22]
Jul 25, 2018 · Fairfax Media and Nine Entertainment have announced plans to merge. FORMER Prime Minister Paul Keating has launched a blistering salvo on the proposed merger of the Nine Network and Fairfax, calling it an “exceptionally bad development”. Claire Bickers, staff writers and AAP. 9 min read. July 26, 2018 - 6:23PM. News Corp Australia Network. |.
Jul 25, 2018 · Nine Entertainment Group and Fairfax have agreed to merge to create one of Australia’s largest media companies, which will combine television, newspaper and a range of digital and other...
