Published: November 18, 2018
Shareholders are expected to vote for $4bn takeover by Nine Entertainment at meeting on Monday
A last-minute rescue bid is in play to save the Fairfax Media name just as shareholders are expected to approve a $4bn takeover by Nine Entertainment.
The former chief executive of the majority Fairfax-owned real estate site Domain, Antony Catalano, made an eleventh-hour bid to block the merger with an offer to acquire up to 19.9% of Fairfax, the Australian reports.
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