Fairfax shareholders vote for Nine merger

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Breaking: Fairfax Media shareholders have overwhelmingly voted in favour of a takeover from Nine Entertainment Co, with the two companies set to merge by the end of the year | JennieDuke

 

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JennieDuke So they don't give a damn about media diversity?

JennieDuke There goes the neighbourhood.

JennieDuke

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Nine-Fairfax deal to proceed after shareholders vote for takeoverFairfax shareholders overwhelmingly back a takeover by Nine Entertainment, paving the way for both companies to merge by the end of this year.
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Fairfax shareholders agree to Nine Entertainment merger | Sky News AustraliaFairfax shareholders have voted in favour of the proposed $4 billion merger with Nine Entertainment. \n\nMore than 81 per cent of shareholders approved the plans, with the companies set to merge by the end of the year.\n\nFormer Domain CEO Antony Catalano attempted to save the Fairfax Media brand at the eleventh hour but was ultimately unsuccessful. \n\n\n\n Two entities that are past their use-by date join forces. Good Lord.
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Nine Entertainment Co takeover of Fairfax Media approved by courtThe Federal Court has approved Nine Entertainment Co's takeover of Fairfax Media, despite opposition from former Domain boss Antony Catalano and Aurora Funds Management. Well there goes Fairfax straight down the dunny!
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Antony Catalano in dramatic bid to scupper Nine, Fairfax mergerFormer Domain CEO launches eleventh-hour attempt to derail Fairfax Media's planned merger with Nine Entertainment, offering to acquire up to 19.9 per cent of Fairfax at above market prices
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More jobs go at Fairfax in the wake of the Nine mergerNine Entertainment chief executive Hugh Marks has confirmed that 144 positions will be made redundant as a result of the company's recently approved takeover of Fairfax Media PIC: AAP Watch for 144 new job applications at that lefty sheltered workshop TheirABC auspol Those 144 people and their families are now supposed to have a Merry Christmas? heartless JobCuts ChristmasTime Take out Karl Stefanovic please
Source: abcnews - 🏆 5. / 83 Read more »

What does the Nine-Fairfax merger mean?The merger of Fairfax Media and Nine Entertainment Company is finally complete. What does it mean for journalists, the companies, the media landscape and you? One large lefty propaganda machine - that's what it means. Even more resolve to never buy a newspaper! Agenda driven rubbish.
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