Monday April 6, 2020

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Can O’Brien slip the surly bonds of INM?

21st March, 2009

Just when it seemed that Denis O’Brien was getting his feet under the table at the Independent News & Media boardroom table through his three board nominees, the real power at the company - for now - appears to rest with its bond holders.

Last Friday, INM said it was no longer proceeding with its private subordinated bond, which would have been used to meet the maturity of an existing €200 million bond...

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