Thursday, March 1, 2012

FED:Clive Palmer doesn't rule out media tilt


AAP General News (Australia)
02-03-2012
FED:Clive Palmer doesn't rule out media tilt

MELBOURNE, Feb 3 AAP - Mining magnate Clive Palmer says he will consider a tilt at
media ownership like his billionaire counterpart Gina Rinehart who has become Fairfax
Media's biggest single shareholder.

Mr Palmer says he is worried about the level of concentration of media ownership and
will consider getting involved like mining industry billionaire and Australia's richest
woman Gina Rinehart, who this week was behind a $192 million raid of Fairfax.

"Fairfax looks very exciting," Mr Palmer told ABC Television.

"We've certainly got …

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