Skywest considers takeover bid, says Sydney Morning Herald’s Matthew Dutton reports
Skywest considers takeover bid, says Sydney Morning Herald’s Matthew Dutton reports.
SEGUR: Sydney Morning Herald, Fairfax Media
CURRENT: COUL바카라사이트D be at the heart of some big decisions
Sydney Morning Herald (19 February 2017): The biggest question mark about whether the Federal Government will consider a takeover bid for Fairfax has been that the company has only confirmed that it is conducting an independent review.
Sydney Morning Herald (21 January 2017): The government has been said to be seeking advice on a takeover bid, but the company may already have said that it wants no part in a bid.
Daily Telegraph (23 January 2017): The Sydney Morning Herald was the only publication to report that there have been discussions with one bidder.
Daily Telegraph (21 February 2017): It is believed that the Fairfax team and CEO Bill O’Farrell will come out with an ultimatum over the day.
Sydney Morning Herald (29 January 2017): If the company is not able to secure a buyer, the government may have to intervene.
Daily Telegraph (23 January 2017): Fairfax Media is said to be considering the possibility of a poten바카라tial bid to acquire the newspaper if it is not satisfied with 바카라a fair market value for the company’s assets.
Sydney Morning Herald (22 January 2017): Fairfax chief executive and president, Mark Penn, has insisted that the company, which has an annual loss of $8.3 billion for 2017, is on track to make a substantial financial return.
Daily Telegraph (19 January 2017): Fairfax Group is planning to sell Fairfax and has also signed a deal to merge with rival News Corp. and other media companies in an effort to reduce costs in a bid to focus on advertising and print content.
News Corp CEO, Rupert Murdoch, stands by his company and comments at News Corp’s board meeting (11 January 2017) about the need to sell Sun (7 January 2017).
Daily Telegraph (23 January 2017): News Corp could also be willing to sell Sun, Fairfax has suggested.
Daily Telegraph (17 January 2017): The deal could have big implications for Rupert Murdoch’s business empire, but the Australian public would need to approve any sale, given the size of the firm and its market share, which means a public takeover will not be easy.
Sydney Morning Herald (10 January 2017): The company may want to go public, but could sell it at a loss, with Fairfax payin