FXJ 0.00% 66.0¢ fairfax media limited

Nov 2 (Reuters) - Fairfax Media Ltd (FXJ) Board concluded...

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    Nov 2 (Reuters) - Fairfax Media Ltd (FXJ)

    • Board concluded Domain separation is in best interests of Fairfax shareholders
    • Directors unanimously recommend shareholders vote in favour of Domain separation
    • Subject to shareholder approval of capital reduction, and court approval, expect Domain to commence trading on ASX on 16 Nov
    • "Vote on domain will see co take next step in its evolution as separate asx-listed co, led by antony catalano as CEO"
    • Scheme meeting relating to domain separation received overwhelming support from shareholders
 
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Currently unlisted public company.

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