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Ann: NZM: Fairfax NZ merger process and NZME results date, page-11

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Alan Partridge

18,471 Posts.

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21/02/17

10:56

Post #: 22772762
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Originally posted by TriOptimum ↑

The Fin Review is reporting that Fairfax is considering spinning off Domain as a separately listed vehicle. As a novice to equities markets I'm not sure how this will affect FXJ's SP although my instinct is that it won't be good? Even if it generates over a billion in capital as reported, what would be left in the stable that would be attractive to investors? I also assume this will kill off that talk of a takeover by TPG. This move would put a lot of pressure on FXJ to invest any capital raised into powerful necromancy to ressurect traditional media into a sustainable business.

Interested in others' thoughts.

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makes sense, probably FXJ is worth less than the sum of its parts given how poorly the business is run and their strategy the past 20+ years.

FXJ Price at posting: 87.0¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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