Market hot for pouncing Packer 1 FIRST Edition

HEIGHTENED interest swirled around Fairfax Media yesterday with a rumour that James Packer was ready to pounce. Sydney share trader Ric Klusman said last night strong rumours were circulating that the Packer organisation was seeking to build a 4.8 per cent stake in Fairfax. Mr Klusman, a senior inst...

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Bibliographic Details
Published inHerald-Sun news-pictorial
Main Author MATHEW CHARLES, GEOFF EASDOWN and GEORGE LEKAKIS
Format Newspaper Article
LanguageEnglish
Published Melbourne, Vic News Limited 22.11.2006
Subjects
Packer, James
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Summary:HEIGHTENED interest swirled around Fairfax Media yesterday with a rumour that James Packer was ready to pounce. Sydney share trader Ric Klusman said last night strong rumours were circulating that the Packer organisation was seeking to build a 4.8 per cent stake in Fairfax. Mr Klusman, a senior institutional dealer for Aequs Securities, advised clients of the possible move on Fairfax 20 minutes before the market closed.
ISSN:1038-3433