Surprise announcement to the stock exchange would create a new company called NEC • Fairfax to lose name and control in $4bn takeover by Nine Network – liveNine Entertainment has announced a takeover of Fairfax Media in a surprise deal worth an estimated $4bn.The merger, which the television network claims will create Australia’s largest integrated media player, was announced to the stock market on Thursday. Continue reading…
Via: Nine Network to take over Fairfax in estimated bn deal
Categories: English News