Media stoush heads to High Court

Fri, 15 May 2020

NZME continued its argument in the Auckland High Court today that exclusive negotiating rights still applied to its discussions with ASX-listed Nine Entertainment Co for the purchase of rival Stuff’s media assets.The media company, owner of radio stations and newspapers including the NZ Herald, is seeking an interim injunction to force Nine back to the negotiating table.The move follows its urgent application to the Commerce Commission earlier this week seeking a rubber stamp for its purchase of Stuff for a nominal $1.Nine indic...

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