Things moved quickly yesterday. By 6.30 in the evening, Fairfax Media chief executive Greg Hywood had confirmed a $2.2 billion takeover bid by US leveraged buy-out group, TPG Capital. The crew from TPG are asset traders, they are not there for the journalism. In 2006, TPG bought Myer for $1.4 billion (their input was $450 … Continue reading Fairfax: the bid and the bosses’ secret pay