NZME & Stuff greenlight merger appeal

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As widely expected, NZME and Stuff have announced this morning that they intend to proceed with their appeal against the High Court’s ruling that upheld a Commerce Commission decision to turn down their proposed merger.

At M+AD’s press time, Stuff had posted the news of the joint proceedings – but no further details were available.

NZME & Stuff had to reach their decision by this Wednesday.

Keep an eye on the Stuff site (scroll down for the link) which is bound to be updated throughout the day.

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