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Australia

(6,384 posts)

2. Hancock Prospecting chairwoman rumoured behind tilt at Fairfax Media

Tue Jan 31, 2012, 02:16 AM

Jan 2012

GINA Rinehart, Australia's richest person, is rumoured to be behind a $192 million raid on Fairfax Media shares this afternoon.

(snip)

Such a stake would put her in pole position to demand a board seat and take, if not effective control, a key stake in the company.

http://www.theaustralian.com.au/media/hancock-prospecting-chairwoman-rumoured-behind-tilt-at-fairfax-media/story-e6frg996-1226258620809?sv=7ff6b87fe79e17207779985790405a33

Imagine - all our newspapers controlled by Murdoch and Rinehart. It might not be far away.

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Highlight:

Revealing Rinehart's hard-right agenda [View all] Matilda Dec 2011 OP

Freedom Next Time?? Dodgy Dec 2011 #1

Hancock Prospecting chairwoman rumoured behind tilt at Fairfax Media Matilda Jan 2012 #2

Conroy flags tougher media laws after Rinehart move Matilda Jan 2012 #3