FXJ fairfax media limited
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News: FXJ NZME, Fairfax New Zealand to appeal NZCC's decision on merger

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    26/05/17
    07:10
    Post #: 24921801

    May 26 (Reuters) - NZME Ltd (NZM)

    • 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
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