Myer renews push for talks on DJs merger

Brookes inks open-ended contract, will nominate as potential CEO of any merged Myer-David Jones entity.

Myer Holdings (MYR) has renewed its push to discuss a potential merger with the board of David Jones (DJS), releasing a letter to the chairman of the upmarket chain that extols the benefit of a tie-up.

At the same time, Myer abandoned the search for a new CEO and extended the contract of chief executive officer Bernie Brookes for an open term. Brookes said he would put himself forward as a potential head of the merged entity.

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