(Corrects typo in headline and to show script ratio was 1.06 Myer shares not 1.4)
SYDNEY, Jan 30 (Reuters) - Australian retailer David Jones Ltd
David Jones said Myer offered a script deal at a ratio of 1.06 Myer shares for every David Jones share. The company said it considered the approach, but concluded that the offer did "not have sufficient merit for David Jones shareholders".
(Reporting by Colin Packham; Editing by Matt Driskill)
((colin.packham@thomsonreuters.com)(+61-2 9373 1812)(Reuters Messaging: colin.packham.thomsonreuters.com@reuters.net))
Keywords: DAVID JONES/MYER MERGER