Business Services Industry
Fairfax: the Renaissance.
Australasian Business Intelligence, December, 2006
Byline: Pamela Williams
Dec 10, 2006 (The Australian Financial Review - ABIX via COMTEX) -- The Fairfax family is poised to come back to the newspaper company it used to own. John B Fairfax, of Rural Press, is poised to enter a $A3 billion merger with the company his family started, John Fairfax Holdings. The group will be renamed Fairfax Media in early 2007. It is 19 years since John B Fairfax was ousted from John Fairfax by a family coup. The saga is a long one, full of twists and turns for the Fairfax family. John B Fairfax is keen to see the family newspaper keep its powerful role as guardian of the public's right to know, to keep politicians honest. If the two groups do merge, the synergies will be strong and the new entity will try to ward off bigger...
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