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TMCNet:  Austar nod heartening for business

[April 10, 2012]

Austar nod heartening for business

Apr 10, 2012 (The Australian Financial Review - ABIX via COMTEX) -- The proposed merger of pay TV service providers Austar United Communications and Foxtel has received regulatory approval after a drawn-out process. The eventual decision of the Australian Competition & Consumer Commission should be welcomed by the business community as a signal that the watchdog is prepared to enter into fruitful negotiations on such deals. The lawyers involved in the talks, from Allens Arthur Robinson, Gilbert + Tobin and Freehills, had to navigate difficult terrain due to the rapid pace of change in the media and telco sectors.


Publication Date: 11 April 2012 AUSTAR UNITED COMMUNICATIONS LIMITED - ASX AUN FOXTEL AUSTRALIAN COMPETITION AND CONSUMER COMMISSION GILBERT AND TOBIN LAWYERS FREEHILLS PTY LTD ALLENS ARTHUR ROBINSON TELSTRA CORPORATION LIMITED - ASX TLS METCASH LIMITED - ASX MTS FRANKLINS LIMITED FEDERAL COURT OF AUSTRALIA

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