UPDATE: NZME's Boggs to do shareholder rounds after demerger goes ahead

Thu, 16 Jun 2016

(Updates and recasts with vote, NZME CEO comment) By Paul McBeth June 16 (BusinessDesk) - NZME chief executive Michael Boggs will spend the next 10 days meeting and greeting current and potential investors after APN News & Media shareholders overwhelmingly backed plans to carve out the New Zealand unit. The Auckland-based publisher and radio network operator will operate as a standalone listed company after the plan to demerge NZME got 99.98 percent backing at today's special meeting in Sydney. The transaction will see a one-for-seven...

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