BREAKING NEWS: Supermarkets' Warehouse bids denied

Commerce Commission says no...

Supermarkets' Warehouse bids denied - Stuff.co.nz
BREAKING NEWS: Supermarket rivals Woolworths and Foodstuffs have been knocked back by the regulators in their plans to bid for discount retailer The Warehouse...

PS: I wonder if Cynthia will find this in her blog searches :-)

UPDATE 09–06–2007: Some more comment…

Tindall will set course for future of the Red Sheds – NZ Herald
One thing is unchanged by yesterday's Commerce Commission decision - Stephen Tindall will ultimately decide the fate of The Warehouse…

No one gets a bargain – NZ Herald
"It could be back to the future for Tindall and PEP," said one source close to the Tindall consortium that tried to privatise the Warehouse in September...