Time could be right to take INM private after years of troubles
Beset by boardroom wars, the troubled media group could be an attractive play for a buyout
It’s just resolved a protracted row with its pensioners, and warned the markets that pre-tax earnings will fall about 20 per cent below expectations. Now Independent News & Media (INM) is emerging as a potential target to be taken private.
With its share price down by 30 per cent this week on foot of profit warnings and ongoing boardroom tensions, many market observers believe one possible option is to take the company private, ...
