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- 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.
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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 ...
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 · Following completion of the Proposed Transaction, Nine shareholders will own 51.1% of the combined entity with Fairfax shareholders owning the remaining 48.9%. The combined business will be led by Nine’s current Chief Executive Officer, Hugh Marks.
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.
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 · Its majority ownership of Domain as well as other assets including its radio stations will now be owned and controlled by Nine. Is this a done deal? Fairfax and Nine announced the merger to the ...
Nov 19, 2018 · Nine Entertainment chief executive Hugh Marks said the merger with Fairfax Media, overwhelmingly approved by shareholders on Monday, will create a "media company of the future" as the...