O’Brien flaunts IN&M share-buying

Independent News & Media (IN&M) may rapidly be turning into Denis O’Brien’s favourite stock.

10th February, 2007

Independent News & Media (IN&M) may rapidly be turning into Denis O’Brien’s favourite stock. News last week that the Esat founder had raised his stake in the company to just over 5 per cent has reactivated speculation about his intentions.

He could have increased from his 3 per cent stake to 4.9 per cent and not disclosed it.

The fact that he went just over 5 per cent is consistent with O’Brien’s...

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