Wednesday, February 1, 2012

Entrepreneurial media control

As everyone knows Gina Rinehart has bought a large stake in Fairfax Media. Late 2010 she picked up about 4.9 percent and yesterday tried to pick up another 9.9 percent. All up she now owns about 10 percent of the stock. The offer yesterday suggested a 10 percent ownership premium – that was probably on [...]

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