Business Services Industry
Fairfax chief sells stake.
Australasian Business Intelligence, June, 2009
Byline: Andrew Main
Jun 22, 2009 (The Australian - ABIX via COMTEX) -- Both the debt position of Fairfax Media and that of its CEO, Brian McCarthy, still appear somewhat stretched, with the manager opting to reduce his share holding in the group by 13% to gain $A467,250 in cash. The price achieved per unit was $A1.335 on 15 June 2009, a level not witnessed since early in the year. On 22 June the stock closed at $A1.215.
Publication Date: 23 June 2009
FAIRFAX MEDIA LIMITED - ASX FXJ STANDARD AND POOR'S (AUSTRALIA) PTY LTD
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