With 1,900 jobs to go, and broadsheet (huge) to become tabloid (like Herald-Sun) the board at Fairfax have been spooked by the raid on their stock by mining magnate Gina. She now holds one-fifth of the stock.
Imagine CX had a buy-in board. Presently this is a family firm, kinda had been for almost 22 years.
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More on this to follow…..