article 3 months old

News Corp And Fairfax Consider Joint Attack On Seek

Australia | Jul 19 2006

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By Rudi Filapek-Vandyck

News Corp (NWS) and Fairfax (FXJ) are in secret talks to merge their flagship recruitment websites CareerOne and MyCareer to take on online jobs site Seek (SEK), which is backed by Publishing and Broadcasting (PBL), Crikey reports citing sources close to the deal.

According to Crikey, both media companies approached ACCC competition regulator Graeme Samuel "about a month ago" and "were given an indication that he [Samuel] is prepared to consider the proposed merger".

Crikey understands that confidential talks between the parties are believed to have been continuing in recent weeks.

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