INM deals with debt dilemma
The biggest issue for the newspaper group is a deal with the banks, writes Samantha McCaughren.
Expectations that Independent News & Media (INM) was set for a period of calm and harmony after Gavin O'Reilly's exit last April were shattered in recent days. A bruising boardroom clearout in a subsidiary, some tough talking on a debt writedown from the chairman and a controversial editorial charter have all thrown the group back into the spotlight.
Just as it was not clear seven years ago what Denis O'Brien had planned for INM when...
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