Inside the Deal: How Nine Entertainment and Fairfax Media became suitors
The $4 billion deal that will create Australia's biggest media company began over a June breakfast at Jagos at Miller in North Sydney between two old colleagues, Nine Entertainment CEO Hugh Marks and Fairfax Media chairman Nick Falloon.
Not far from the site that will likely house the combined Nine Entertainment and Fairfax Media, a new 39-storey tower at 1 Denison St, to be completed in 2020, Marks and Falloon talked shop and raised the idea of bringing two of Australia's most famous media icons together.
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