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Nine buys Singo's Macquarie stake at $1.46 per share - down from $2.17 a year ago

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Adam Lang has cost Singo plenty.

His file will be marked unemployable.

Today Nine & Macquarie has inked a deal for Nine to buy out Macquarie at $1.46.

One year ago as the effects of  Adam Lang taking over started to be felt, the Macquarie share price peaked at $2.17 per share.

Nine's buyout today is priced at $1.46 per share - a drop of 71c. 

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I wouldn't want to be on the wrong side of Singo and I'd say that giving him that sort of a hair cut would drop you right in it.