Shareholders approve Italian broadband merger

Shareholders of Italian broadband providers Tiscali and Linkem have approved their merger plan, paving the way for completion of the deal later this year.
The two companies – both relatively small, but far from insignificant service providers – announced their proposed tie-up late last year with a view to both boosting their combined market position and positioning themselves to take full advantage of Italy’s post-Covid national recovery plan.
In the companies’ own words,