NewsBite

Nine Entertainment Co's offer for Fairfax Media is too low: Alex Waislitz

James Thomson
James ThomsonColumnist
Updated
EmailLinkedInTwitterFacebook

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Fairfax shareholder Alex Waislitz says Nine Entertainment Co.'s offer for Fairfax Media is too low, and another bidder could emerge.

Nine's bid values Fairfax at 84.1¢ a share on current prices, but the share prices has traded below that level since the deal was announced last Thursday. Fairfax shares opened at 81¢ on Tuesday morning.

Loading...
James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com
EmailLinkedInTwitterFacebook

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

License article

Read More

Latest In Media & marketing

Fetching latest articles

Most Viewed In Companies

    The Australian Financial Review Magazine

    BOSS Financial Review

    Life & Leisure

    Rich List

    Andrew Roberts.

    Original URL: https://www.afr.com/business/media-and-marketing/nine-entertainment-cos-offer-for-fairfax-media-is-too-low-alex-waislitz-20180731-h13cul