Tag: Fairfax Media

Nine Entertainment has identified an additional A$15 million ($11 million) in cost savings as its merger with Fairfax Media has now been implemented.

The Federal Court of Australia has approved the merger of Nine Entertainment and Fairfax Media.

Fairfax Media's shareholders have given their approval to Nine Entertainment's takeover offer.

Nine Entertainment and Fairfax Media have agreed to a merger, creating "Australia’s largest integrated media player," in a deal valued at around A$4 billion ($3 billion).