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TPG, Hellman & Friedman At Pointy End In Fairfax Media Duel

by afr.com posted 1year ago 310 views
<p>It&#39;s down to the short strokes in Fairfax Media&#39;s auction and at the stage where a lot can happen in one day.&nbsp;</p> <p>As of Wednesday night,&nbsp;private equity suitors Hellman&nbsp;&amp; Friedman and TPG were still working towards Fairfax Media&#39;s imposed Friday deadline,&nbsp;although it remains to be seen whether either - let alone both - would&nbsp;have an offer in front of the media company&#39;s board,&nbsp;as requested.&nbsp;</p>