Fate of AAP delayed by several weeks as potential bidders circle

3/05/2020 3:59:00 PM

The Board of Australian Associated Press has entered 'detailed' discussions with interested parties on a sale.

Australian Associated Press has entered detailed discussions with multiple bidders interested in salvaging the newswire - but it will be weeks before its fate is decided.

The Board of Australian Associated Press has entered 'detailed' discussions with interested parties on a sale.

Larger text size Very large text size Australian Associated Press has entered detailed discussions with multiple bidders interested in salvaging the newswire and its contacts database Medianet but it will be weeks before its fate is decided.From next weekend, real estate agents in New South Wales will once again be able to hold traditional property inspections and on-site auctions.Larger text size Very large text size Senior Liberals are urging NSW Transport Minister Andrew Constance to enter the race for the key federal seat of Eden-Monaro this weekend in what they see as the best chance of victory for the Morrison government.Top US health official Anthony Fauci will not testify to a congressional committee examining the Trump administration's response to the coronavirus pandemic, the White House says, calling it "counterproductive" to have individuals involved in the response to testify.

Chairman Campbell Reid said in a statement that the Board would enter confidential discussions with interested parties over several weeks after it met with consultancy TMT Partners on the weekend to discuss sale proposals.The AAP Board has entered into detailed discussions with a number of parties interested in acquiring the business.Auctions were also banned and forced to move to online platforms.Credit: AAP "The safeguarding of AAP staff entitlements is the first consideration for the AAP board in these discussions and any agreement entered into with a purchaser will oblige the purchaser to honour those entitlements," Mr Reid said.Credit: AAP With NSW Deputy Premier and Nationals leader John Barilaro also considering his options this weekend, the two state ministers are circling each other to see who declares his intentions first."In the event of there being no sale AAP will honour those entitlements.Treasurer Dominic Perrottet said the easing of restrictions was thanks to the state’s ongoing success in flattening the curve." AAP's future has been in doubt since February when The Sydney Morning Herald The Age revealed that.The Washington Post first reported Dr Fauci would not testify.

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