Saturday September 19, 2020

INM heads for messy divorce

Timing of new intervention won’t help deal with banks and bondholders, write Samantha McCaughren and Richard Curran.

5th September, 2009

Timing of new intervention won’t help deal with banks and bondholders, write Samantha McCaughren and Richard Curran.

There was a shotgun wedding in March, but the union between Denis O’Brien and Independent News & Media (INM) management didn’t even make it to a six-month anniversary.

The marriage of convenience, arranged to meet the needs of banks and bondholders, is well and truly over. Board rows, heated telephone calls and...

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