June 7 | Thu Jun 7, 2012 12:08am EDT
June 7 (Reuters) - The following corporate finance-related stories were reported by media on Thursday:
* Canada's Ontario Teachers Pension Plan beat out Affinity Equity Partners as the preferred bidder for a stake worth $398 million in South Korea's unlisted Kyobo Life Insurance , local media reported on Thursday.
* The board of Fairfax Media is considering a further writedown to the value of its newspapers as its traditional publishing sales decline, The Australian newspaper said on Thursday.
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