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Hellman & Friedman send letter just before Fairfax bid deadline...

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  1. PeaceOut
    2,271 Posts.
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    01/07/17
    07:22
    Post #: 25603194
    Hellman & Friedman send letter just before Fairfax bid deadline


    There was a flurry of corporate activity in the media sector on Friday afternoon with Hellman & Friedman submitting a letter to Fairfax Media's board just before deadline regarding its $2.8 billion bid for the company.

    A Fairfax spokeswoman would not confirm if the last-minute letter contained a serious offer.

    http://www.smh.com.au/business/medi...eet-fairfax-bid-deadline-20170630-gx22is.html

    It may not be over yet...We should know Monday I would think.
    FXJ Price at posting: $1.10 Sentiment: Buy Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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