FXJ MRN

News: Fairfax Media & Macquarie Radio confirm talks

  1. FNN News
    lightbulb Created with Sketch. 1
    clock Created with Sketch.
    19/12/14
    08:40
    Post #: 14485060
    .

    Fairfax Media Limited (ASX:FXJ) and Macquarie Radio Network Limited (ASX:MRN) have confirmed they remain in ongoing talks. 
     
    Both companies lodged the statements yesterday evening while noting the surrounding market speculation about a deal involving Fairfax Radio.
     
    Fairfax papers say the two groups are closing in on a $200 million talkback radio merger less than one year after talks collapsed.
     
    The reports suggest an imminent deal could be only days away from being tied-up and announced before Christmas. 
     
    Fairfax Media reported a net profit of $225 million in the 2014 financial year. 
    Likes Created with Sketch.  Upvote
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS HotCopper Wire Podcast 019 – Dreaming of the 9,000s
right-arrow Created with Sketch.
NEWS Renascor produces graphite concentrate at Siviour, right on time to meet ex-China demand
right-arrow Created with Sketch.
NEWS What is going on here? Watch out for DroneShield, Pure Hydrogen, and Nel ASA
right-arrow Created with Sketch.
NEWS Watch the Latest Video Interviews here
right-arrow Created with Sketch.
NEWS Exclusive Pre-IPO & ASX-Listed Investment Opportunities
right-arrow Created with Sketch.
NEWS Boss Energy slumps as top dog Duncan Craib makes surprise exit
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.