media reports, page-3

Seer,

Our SMH journo also said:

"If the [May 30th] conditions are not met, the receivers would move in, the company said on May 8."

Assuming she is referring to the ASX announcement, the company actually said:

"If the above issues [relating to the 30 May points] are not finalised by 30 May 2008, the further extension arrangements may be terminated."

I can't find anywhere that the company said what the SMH is claiming, but I'm happy to be wrong if anyone else can.

IMO Fairfax has let quality at The Age and SMH slide in the last few years, both print and online. ABC Media Watch did a great piece on them a few weeks back which said the same.