FXJ 0.00% 66.0¢ fairfax media limited

If it's a bad deal for fxj holders and it probably is as it is...

  1. 756 Posts.
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    If it's a bad deal for fxj holders and it probably is as it is scrip and almost no cash, then logic would say it must be a good deal for nine holders so why is nine's price tanking?
    I wonder if this deal would have the same support without the three director seats and Hywood taking the opportunity to leave with 8 million.
 
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