FXJ 0.00% 66.0¢ fairfax media limited

News: FXJ Fairfax Media enters into agreement to merge its New Zealand business with NZME Holdings

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    Dec 8 (Reuters) - Fairfax Media Ltd (FXJ) :

    • Has entered into binding merger implementation agreement to merge its new Zealand Business, Fairfax New Zealand with NZME Holdings
    • Agreement by a sale of Fairfax NZ for a combination of cash and shares in nzme.
    • Confirms recently received letter from a third party claiming showing interest in considering acquisition of Fairfax New Zealand Business
    • Letter contains no offer capable of acceptance and fairfax is not engaged in any discussions in relation to letter
 
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