Rinehart's gloves off in Fairfax stoush

Gina Rinehart has thrown down the gauntlet to Fairfax Media in her push for board representation, challenging chairman Roger Corbett to set and meet a share price target of 87 cents by the company's November annual meeting or tender his resignation.
Mrs Rinehart penned an open letter today to Mr Corbett, outlining her concerns over a sustained fall over the past five years in shareholder value and circulation of the company's newspapers.
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