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Serato acquirer calls ComCom decision ‘disappointing’

Broadcast United News Desk
Serato acquirer calls ComCom decision ‘disappointing’

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The CEO of DJ Software said the company is considering all options following the unfavorable ruling.

Young Ly, CEO of Serato.

The head of Japanese electronics giant AlphaTheta Corporation says he is disappointed with the Commerce Commission’s decision to block its acquisition of New Zealand DJ software company Serato.

Meanwhile, Serato’s CEO said the company will consider all options following the adverse ruling.

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