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BRIEF-NZME, Fairfax New Zealand to appeal NZCC's decision on merger
May 25, 2017 / 9:10 PM / 6 months ago

BRIEF-NZME, Fairfax New Zealand to appeal NZCC's decision on merger

May 26 (Reuters) - NZME Ltd

* Appeal of NZCC decision

* Companies believe NZCC was wrong in fact and wrong in law to decline clearance or authorisation for merger

* Co and Fairfax New Zealand will file an appeal in high court

* On 3 May, NZCC announced it had declined to clear or authorise merger of NZME and Fairfax

* Appeal against New Zealand Commerce Commission’s decision not to clear or authorise proposed merger of two businesses Source text for Eikon: Further company coverage:

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