Jun 13, 2014

Media briefs: Fairfax misses out … Guardian expanding … dumb ways to repurpose …

Fairfax got its papers out on time yesterday. Pity it didn't stop to report the news ... Plus other media tidbits of the day.

Stop press! Or, you know, don’t. Fairfax continues to strangle the business reporting efforts of The Sydney Morning HeraldThe Australian Financial Review and The Age through early deadlines for news copy, except for the front pages. Yesterday’s special shareholders meeting of Nexus Energy is the latest example. The meeting was held in Melbourne to consider an offer from Seven Group Holdings to buy the company for 2 cents a share. That was overwhelmingly rejected by shareholders at the meeting, which finished around 5pm. At 7.31pm, Nexus lodged two statements with the ASX, one to inform the exchange that the company had appointed administrations, and the second to ask for trading in the shares to be suspended.


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