New Zealand media company NZME has been fined NZ$80,000 ($74,245) for breaching stock exchange rules about the disclosure of information related to its attempt to buy rival business Stuff.
Stuff boss Sinead Boucher said NZME’s announcement was “very surprising”. Daniel Munoz
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Miranda Ward is a journalist covering media and marketing for The Australian Financial Review based in the Sydney office. Connect with Miranda on Twitter. Email Miranda at miward@afr.com