Fairfax Media AGM: Company Rules Out Merger, Breakup

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 this week.

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.

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