ABSTRACT
The first case presented to demonstrate the stakeholder relationship framework is the AUD 11 bn merger process between Australian gaming groups Tatts Group Limited (Tatts) and Tabcorp Holdings Limited (Tabcorp) from its announced agreement in October 2016 to its implementation in December 2017. The case is chosen to reflect that stakeholder relationships during a merger process were effectively managed by both balancing and disempowering (leaving imbalanced) varying and conflicting concerns of powerful regulators and racing industry interests that could well have seen the merger proposal lapse. This chapter details the merger parties and rationale and two key stakeholders – the regulators and racing industry. The stakeholder relationship framework developed in Chapters 5–7 is used to examine the multi-directional relationships between and among regulators and the racing industry around the merger process, their salience, stakeholder type, and balance. It explains the EPS processes involved during the merger process.
