O’Brien overtakes O’Reilly as largest shareholder in INM

All had been eerily quiet at Independent News & Media (INM) recently, as the share price edged up nicely and stockbrokers finally got behind the company again.

17th April, 2010

All had been eerily quiet at Independent News & Media (INM) recently, as the share price edged up nicely and stockbrokers finally got behind the company again. But there was a little reminder last Friday morning that a ‘dissident’ shareholder continued to lurk in the background.

Denis O’Brien announced that he had upped his stake at INM to 18 per cent, from 13.8 per cent. He had seemed to have turned his attention...

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