Sky TV, Vodafone still open to pursuing merger

Tue, 28 Feb 2017

By Paul McBeth March 1 (BusinessDesk) - Sky Network Television and Vodafone New Zealand haven't given up hope for a merger despite being rebuffed by the Commerce Commission last week over competition concerns. The pay-TV operator and telecommunications group have not triggered a right to terminate the transaction if it wasn't completed by Feb. 28, Sky said in a statement. "Sky does not currently propose to give notice of termination of the SPA (sale and purchase agreement) to Vodafone while the parties consider their options," it sai...

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