Exempt small firms from media merger law
Independent News & Media's attempt to acquire Celtic Media was abandoned last June
Small media companies like Celtic Media Group should not have to go through the current media merger legislation when being sold, according to Frank Mulrennan, chief executive of local newspaper group Celtic Media.
“When you have a turnover of circa €10 million, there should be a much less complicated process,” Mulrennan said, speaking toThe Sunday Business Post’s Media Matters podcast.