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News: TTS Tatts board continues to believe proposed Tabcorp merger is in best interests of...

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    28/04/17
    08:50
    Post #: 24317607

    April 28 (Reuters) - Tatts Group Ltd (TTS)

    • Tatts' board continues to believe that proposed tabcorp merger is in best interests of tatts shareholders
    • board unanimously recommends proposed tabcorp merger in absence of a superior proposal
    • Pacific consortium revised indicative proposal not superior
    • Tatts is unable to provide due diligence or engage with Pacific Consortium
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