Investors: time for radical solutions at INM

Several shareholders have written to the INM board and senior management expressing deep concern over recent events

Denis O’Brien

INM is coming under increasing pressure from shareholders to deploy radical solutions to combat the company’s tumbling stock price and recent controversies at the publisher.

It is understood that several shareholders, including Dutch investor Farringdon Capital Management, have written to the INM board and senior management expressing deep concern over recent events, including the data breach and the botched attempt to buy Newstalk.

Investors believe that the true value of the company is ...