Nov 28 (Reuters) - NZME Ltd (NZM) : NZME Ltd confirms that it...

Nov 28 (Reuters) - NZME Ltd (NZM) :

• NZME Ltd confirms that it has filed a submission with New Zealand Commerce Commission
• Submission in response to issues raised in NZCC's draft determination on proposed merger between NZME and New Zealand subsidiary of Fairfax Media
• Determined that it will defer seeking NZME shareholder approval for proposed merger until after NZCC's final determination is released
• Submission is a joint submission with Fairfax New Zealand
• Submission explains why parties believe that nzcc has failed to properly take into account diversity of opinions
• At time of NZME's demerger from APN News & Media, APN granted NZME option to acquire NZ business of Adshel from APN; NZME chose not to exercise option