Fairfax Media shareholders to vote on proposed merger

Fairfax Media shareholders to vote on proposed merger

Fairfax Media (ASX:FXJ) is holding a scheme meeting in Sydney today relating to the proposed merger of Fairfax and Nine Entertainment Co. Holdings (ASX:NEC). Last night Antony Catalano sent Fairfax Media a letter, which he also leaked to the media, offering to acquire 19.9 per cent of Fairfax and pursue a 'multi-pronged strategy' to sell non-core assets and build the Domain franchises. Fairfax Media say the letter did not contain a superior proposal that could be considered by shareholders as an alternative to the proposed scheme of arrangement with Nine Entertainment Co Holdings. The board continues to unanimously recommend that shareholders vote in favour of the Scheme. Shares in Fairfax Media (ASX:FXJ) are up 0.81 per cent to $0.62. Shares in Nine Entertainment Co. Holdings (ASX:NEC) are up 0.31 per cent to $1.64.
Meet Britain's 'longest-serving' Santa

Meet Britain's 'longest-serving' Santa

Since dressing up as Santa Claus for his son at Christmas in 1964, Ron Horniblew from Luton claims he has become Britain's longest-serving Santa.
2mins
Heartbreaking Christmas message son recorded for dad - unaware he had died

Heartbreaking Christmas message son recorded for dad - unaware he had died

A father-of-three in need of a double transplant died on Christmas Eve. But when the mum had to break the news to the kids she could also reveal to them that their dad's liver had saved another life.
Bloomberg Markets: Asia - JPMorgan's Market Share in China Has to Be a Lot Bigger, Asia-Pacific Chairman Says

JPMorgan's Market Share in China Has to Be a Lot Bigger, Asia-Pacific Chairman Says

Nicolas Aguzin, chairman and chief executive officer for Asia-Pacific at JPMorgan Chase & Co., talks about the bank's businesses in the region, the trade spat between the U.S. and China, and the outlook for the global economy. He speaks with Rishaad Salamat on "Bloomberg Markets: Asia."
Christmas at Great Ormond Street: How the hospital makes patients feel positive

Christmas at Great Ormond Street: How the hospital makes patients feel positive

While many children enjoy their Christmas Day at home, some are less lucky. Father Christmas has to pay some kids a visit at Great Ormond Street Hospital. And the hospital's head chaplain says they try and make the experience a positive one.
1min
 - Fairfax Media shareholders to vote on proposed merger
Fairfax Media shareholders to vote on proposed merger
 - Meet Britain's 'longest-serving' Santa
Meet Britain's 'longest-serving' Santa
 - Heartbreaking Christmas message son recorded for dad - unaware he had died
Heartbreaking Christmas message son recorded for dad - unaware he had died
Bloomberg Markets: Asia - JPMorgan's Market Share in China Has to Be a Lot Bigger, Asia-Pacific Chairman Says
Bloomberg Markets: Asia
JPMorgan's Market Share in China Has to Be a Lot Bigger, Asia-Pacific Chairman Says
 - Christmas at Great Ormond Street: How the hospital makes patients feel positive
Christmas at Great Ormond Street: How the hospital makes patients feel positive

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