INM withdraws request for APN meeting after resignations

Independent News & Media has withdrawn its request for an extraordinary general meeting at APN News & Media after a series of high level resignations at the Australian media company.

19th February, 2013
INM has a 29 per cent stake in APN.

Independent News & Media has withdrawn its request for an extraordinary general meeting at APN News & Media after a series of high level resignations at the Australian media company.

INM, which has a 29 per cent stake in APN, had sought a shareholder meeting to consider the removal of a number of directors amid disagreement over a rights issue.

Yesterday, it was reported that APN chairman Peter Hunt, chief executive Brett Chenoweth and three independent...

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