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Both optimism and concern at Fairfax deal

Stuart Condie
Fairfax chairman Nick Falloon (left) and CEO Greg Hywood warmly greeted the vote to merge with Nine

* FAIRFAX MEDIA CEO GREG HYWOOD:

The company is entering the next phase in its more than century-long development. Our businesses and our journalism are well positioned to continue to be the most compelling voices for the years ahead.

* FAIRFAX MEDIA CHAIRMAN NICK FALLOON:

This board, in considering this merger, considered the value to shareholders, and the social value, of continuing strong independent journalism into the future.

* NINE CHIEF EXECUTIVE HUGH MARKS:

This is great news and a sign of confidence in the opportunities this merger presents.

* MEDIA, ENTERTAINMENT AND ARTS ALLIANCE:

Two large companies will be one, but this is a partnership that jeopardises not only media diversity, but threatens the scale of public interest journalism, especially in our regions.

* FEDERAL OPPOSITION LEADER BILL SHORTEN:

I am concerned that, when you create a greater concentration of media power, diversity will be the casualty.

* PRIME MINISTER SCOTT MORRISON:

I always have a live and let live view on the Australian economy. And this is what people have decided to do with the companies that they own.