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Fairfax Media updates on market speculation regarding Macquarie Media

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  1. June 19 (Reuters) - Fairfax Media Ltd (FXJ) :

    • Market speculation regarding Macquarie Media,MRN-FXJ.AX
    • Fairfax has received attached letter from Singleton consortium
    • Fairfax shareholders do not need to take any action in response to Singleton consortium's letter
    • Fairfax is not seeking offers or undertaking a process to realise its investment in Macquarie Media
    • Notes that Macquarie Media is separately listed ASX co
    • Notes recent press speculation regarding potential offer for co's 54.5% shareholding in Macquarie Media by a consortium of investors
    Discuss this via FXJ | MRN


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