Fairfax, Macquarie merge radio networks

By Jared Lynch
Updated December 22 2014 - 7:13pm, first published 4:15pm
The merger will involve Macquarie acquiring 100 per cent of Fairfax Radio Network's share capital in exchange for the issuance of new Macquarie ordinary shares plus $18 million cash.
The merger will involve Macquarie acquiring 100 per cent of Fairfax Radio Network's share capital in exchange for the issuance of new Macquarie ordinary shares plus $18 million cash.
The merger will involve Macquarie acquiring 100 per cent of Fairfax Radio Network's share capital in exchange for the issuance of new Macquarie ordinary shares plus $18 million cash.
The merger will involve Macquarie acquiring 100 per cent of Fairfax Radio Network's share capital in exchange for the issuance of new Macquarie ordinary shares plus $18 million cash.
The merger will involve Macquarie acquiring 100 per cent of Fairfax Radio Network's share capital in exchange for the issuance of new Macquarie ordinary shares plus $18 million cash.
The merger will involve Macquarie acquiring 100 per cent of Fairfax Radio Network's share capital in exchange for the issuance of new Macquarie ordinary shares plus $18 million cash.

Fairfax Media stands to emerge with a controlling stake in a $200-million merger of its radio business with John Singleton's Macquarie Radio Network.