Companies

May 10, 2012

News prowling as Kohler rejects Fairfax offer for sites

Web-based business publisher Australian Independent Business Media remains firmly on the market after it rejected a low-ball 75% takeover offer from Fairfax Media.

Andrew Crook ā€” Former <em>Crikey</em> Senior Journalist

Andrew Crook

Former Crikey Senior Journalist

Web-based business publisher Australian Independent Business Media remains firmly on the market after it rejected a low-ball takeover offer from Fairfax Media.

Crikey understands a number of other parties, including News Limited, remain actively involved in the $30 million play for the business news suite that boasts popular news website Business Spectator and investment advice e-zine Eureka Report.

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3 comments

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3 thoughts on “News prowling as Kohler rejects Fairfax offer for sites

  1. Suzanne Blake

    The last thing Fairfax needs now, is another asset that could under perform. Just look at their share price

  2. Mark from Melbourne

    Pardon me but who cares? Articles about your pals and/or associates to try and move the market along do not warrant space or my attention.

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