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BRIEF-Fairfax Media shareholders vote in favour of Domain spin-off
November 2, 2017 / 12:44 AM / 16 days ago

BRIEF-Fairfax Media shareholders vote in favour of Domain spin-off

Nov 2 (Reuters) - Fairfax Media Ltd

* Board concluded Domain separation is in best interests of Fairfax shareholders

* Directors unanimously recommend shareholders vote in favour of Domain separation

* Subject to shareholder approval of capital reduction, and court approval, expect Domain to commence trading on ASX on 16 Nov

* “‍Vote on domain will see co take next step in its evolution as separate asx-listed co, led by antony catalano as CEO”​

* Scheme meeting relating to domain separation received overwhelming support from shareholders‍​ Source text for Eikon: Further company coverage:

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