Fairfax executives are preparing to meet with Australia's wealthiest person Gina Rinehart, to discuss her motives for purchasing 12.6% of the media company.
In recent weeks the media has been buzzing with speculation about Rinehart's motives for purchasing a stake in Fairfax.
A report in The Australian has suggested that Fairfax executives are meeting with Rinehart to discuss her intentions.
It is widely expected that Rinehart will want a seat on the Fairfax board, and that she may also seek to gain an even larger stake in the company.
Rinehart already controls a 10% stake in Ten Network Holdings.
Follow @AdNews on Twitter for breaking stories and campaigns throughout the day.
Have something to say? Send us your comments using the form below or contact the writer at firstname.lastname@example.org
The AdNews Media Summit is on 19 May, 2016. A top line of of the industry's smartest thinkers will debate the biggest topics in media, advertising, marketing and creativity. Don't miss it, buy tickets here. Buying 5 tickets or more earns you a discount.
Have something to say on this? Share your views in the comments section below. Or if you have a news story or tip-off, drop us a line at email@example.com