Another day to wait on Fairfax NZ, NZME merger deal

Thu, 27 Apr 2017

By Paul McBeth April 28 (BusinessDesk) - Fairfax New Zealand and NZME will have to wait one more day before finding out whether their arguments have swayed the Commerce Commission from its draft decision to reject a merger between the country's two dominant newspaper publishers. The antitrust regulator will announce the decision on May 3 instead of the previous announced May 2, it said in a statement. The ruling will end an almost year-long review by the commission on whether to approve a merger between the two companies, which they say...

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