David Jones to wait on Myer talks

David Jones unlikely to engage on merger for another fortnight: report.

The board of David Jones (DJS) is unlikely to begin talks with Myer (MYR) over a possible $3 billion merger until after both retailers release earnings results in the next fortnight, Fairfax Media reports.

The go-slow tactic by David Jones is believed to be linked to confidence its results will outshine that of its rival and place it in a better position at the negotiating table.

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