Business Services Industry
Fairfax keeps options open on TV.
Australasian Business Intelligence, July, 2003
Jul 06, 2003 (The Age - ABIX via COMTEX)
Publishing company, John Fairfax Holdings, may invest in television if media ownership laws were to be changed in Australia. Fred Hilmer, CEO of Fairfax, said that the company may obtain options, but would only use them if the situation was commercially suitable. Although supporting reform of media laws, Fairfax was not desperate to own a television licence. Hilmer said that Fairfax had paid a fair price for New Zealand publishing group Independent Newspapers' mastheads. However, Fairfax would not fund any further acquisitions with cash. Any future acquisitions are likely to involve equity swaps or mergers.
Publication Date: 7 July 2003
JOHN FAIRFAX HOLDINGS LIMITED - ASX
FXJ:...
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- Design a commission plan that drives sales - Sales Commissions
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- LIFO vs. FIFO: a return to the basics
