INM share collapse forces tough decisions

Tony O’Reilly and Denis O’Brien must wonder how the Independent share price has fallen by 95 per cent, writes Richard Curran

24th January, 2009

With such a focus on bank shares in recent times, few but shareholders in Independent News & Media (INM) noticed the apparent meltdown in the company’s share price in the last week - INM shares fell by 45 per cent in the last five trading days. Two men who would have noticed every cent of that fall are INM chief executive Tony O’Reilly and telecoms entrepreneur Denis O’Brien.

At last...

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