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Would be a positive IMHO. It would make it easier for a private...

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JCoure

12,929 Posts.

132

21/02/17

10:57

Post #: 22772810
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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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Would be a positive IMHO. It would make it easier for a private equity group to make a grab for FXJ but pls DYOR.

FXJ Price at posting: 87.0¢ Sentiment: Buy Disclosure: Held
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