DJs rejected Myer merger offer

Retailer says it was approached in Oct, around time of controversial trades.

Retailer David Jones (DJS) has revealed it was recently approached by rival Myer Holdings (MYR) to consider a merger around the same time of controversial share purchases by two David Jones board members.

Myer invited David Jones on October 28, 2013 to enter talks about a potential union, offering to give Myer shares to David Jones shareholders in order to create one company.


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