Friday August 7, 2020

INM shares drop as it confirms row over acquisition

Investors are now watching to see if the company can put the dispute behind it

29th November, 2016
2
Independent News & Media head offices on Talbot Street in Dublin

Shares in INM slipped in morning trading, losing nearly 4.4 per cent to stand at 10.8 cent by 12:40 p.m., despite a broadly steady performance from the overall market which was up by 0.2 per cent.

executive officer and the chairman in relation to the terms of a possible acquisition by the company".

INM said discussions on the possible acquisition ended at a preliminary stage and the acquisition was never considered by its board but Pitt, a former...

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