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Australia’s Two Way withdraws from Priority One merger

25th July 2012 8:59 am GMT

Australia’s Two Way Limited has pulled out of its planned merger with Priority One Network Group Limited, less than one month after announcing the agreement.

Two Way said last month that the potential merger would allow the company to become part of a much larger and well-capitalised business with significant international opportunities.

Last week, the company warned that the proposed merger could be terminated if a number of material breaches made by [...]

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