Ownership
In 1972, John Fairfax Holdings bought a majority of David Syme shares, and in 1983 bought out all the remaining shares. A recent development for the company has seen the purchase of shares by Western Australian mining company Hancock Prospecting which presently controls just below 15% of the shares of The Age parent company Fairfax Media.
Read more about this topic: The Age
Famous quotes containing the word ownership:
“They had their fortunes to make, everything to gain and nothing to lose. They were schooled in and anxious for debates; forcible in argument; reckless and brilliant. For them it was but a short and natural step from swaying juries in courtroom battles over the ownership of land to swaying constituents in contests for office. For the lawyer, oratory was the escalator that could lift a political candidate to higher ground.”
—Federal Writers’ Project Of The Wor, U.S. public relief program (1935-1943)