Nine board tells AGM it is 'confident' Fairfax shareholders will give green light to merger

Peter Costello says new company will be up and running by 10 December

The board of Nine Entertainment remains confident the $4bn merger with Fairfax Media will be approved by the publishing company’s shareholders on Monday, Nine’s annual general meeting has heard.

The Australian Competition and Consumer Commission approved the deal last week despite indications it would reduce competition.

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from The Guardian https://ift.tt/2RR0EiQ
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