Tatts sale vote put back to AGM

Original article by Sarah-Jane Tasker
The Australian – Page: 21 : 29-Sep-17

The Australian Competition Tribunal will undertake a second review of the proposed merger between Tabcorp and Tatts Group in late October. This will affect the timetable for implementing the merger, as Tatts shareholders were slated to vote on the deal in early October. The vote will now be held at Tatts’ AGM on 30 November, and the two gaming groups hope to implement the merger on 14 December. The merger agreement stated that the deal must be finalised by 31 December, and it may have to be renegotiated if this deadline is not met.

CORPORATES
TABCORP HOLDINGS LIMITED – ASX TAH, TATTS GROUP LIMITED – ASX TTS, AUSTRALIA. COMPETITION TRIBUNAL

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