News: FXJ Fairfax Media proceeds with domain separation, ends PE discussions

July 3 (Reuters) - Fairfax Media Ltd (FXJ) :

Fairfax proceeds with domain separation, ends PE discussions

Expect EBITDA of between $262 mln and $266 mln for year ended June 2017

Following conclusion of this process Fairfax did not receive a binding offer from either TPG consortium or Hellman & Friedman

"Accordingly, Fairfax board has ceased discussions with both parties"

Fairfax has been continuing with its plans for separation of domain, as previously announced on 22 February 2017