July 11 (Reuters) - Tabcorp Holdings Ltd (TAH) :
- Updates on ACCC application to Federal Court for review of Tabcorp-Tatts merger authorisation
- Notes that ACCC has stated it has made application to Federal Court to seek to clarify law as it applies to all merger & non-merger authorisations
- "ACCC's application will impact timing of implementation of transaction, though precise impact will not be known until court has considered matter"
- Tabcorp considers that implementation remains achievable in last quarter of 2017
- Will oppose ACCC'S application and will pursue an expedited hearing
