Fairfax sale of TradeMe a ‘good thing’

TradeMe chairman David Kirk has described Fairfax Media’s $616 million share sale as “a good thing” for the New Zealand based online auction house.

John McDuling

Updated Dec 18, 2012 – 5.32am, first published at Dec 17, 2012 – 12.32pm

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Trade Me chairman David Kirk has described Fairfax Media’s $616 million share sale as “a good thing" for the New Zealand based online auction house.

The former Fairfax chief said Fairfax’s exit would improve liquidity in the dual ASX/NZX-listed stock.

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