Nov 28 (Reuters) - NZME Ltd (NZM) :
- NZME Ltd confirms that it has filed a submission with New Zealand Commerce Commission
- Submission in response to issues raised in NZCC's draft determination on proposed merger between NZME and New Zealand subsidiary of Fairfax Media
- Determined that it will defer seeking NZME shareholder approval for proposed merger until after NZCC's final determination is released
- Submission is a joint submission with Fairfax New Zealand
- Submission explains why parties believe that nzcc has failed to properly take into account diversity of opinions
- At time of NZME's demerger from APN News & Media, APN granted NZME option to acquire NZ business of Adshel from APN; NZME chose not to exercise option
