Fairfax Media AGM: Company Rules Out Merger, Breakup
Posted: 10/26/2012 | By: Emily Tullock | The Newspaper Works
Fairfax Media considered a merger or breakup of assets before ruling it
out, chairman Roger Corbett told the company’s annual general meeting
The company’s strategic review carried out by Bain & Co, McKinsey
& Company and UBS considered breaking up Fairfax and demerging the
Metro Media business into a separately listed asset, but concluded that
an integrated multiplatform strategy would deliver the best results.