Thursday February 27, 2020

INM's post-O'Reilly era starts in a tough climate

Denis O'Brien's boardroom coup may be positive for INM on some levels, but the group faces more cost-cutting and problems with high debt, writes Samantha McCaughren.

1st September, 2012
Denis O'Brien. Photo: Tony O'Shea

Long before the recession started to bite and take large, painful chunks out of advertising budgets, there was uncertainty for shareholders in Independent News & Media (INM).

In 2006, when Denis O'Brien began investing in the company, INM was still trading in a bountiful market and the share price was well above €3.00. But the intentions of this "dissident" shareholder were unclear. While his criticisms of the board and its strategy may have seemed irrelevant...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 1 month ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago