FT.com: INM agrees financial restructuring
October 8th, 2009Posted by Judith Townend in Editors' pick, Newspapers
Independent News & Media has at last agreed a financial restructuring with its bondholders ‘after months of negotiations that will see the lenders take control of the publisher’, reports the Financial Times. INM’s banks have yet formally to agree to the restructuring plan, however. Full story at this link…
Similar posts:
- Irish Times: Denis O’Brien may be ‘bypassed’ in IN&M bond deal
- MediaGuardian: Some Independent technical staff to move to Associated Newspapers
- FT.com: BBC pay freeze for 400 most senior employees
- FT.com: Standard’s Lebedev renews talks with Independent
- FT.com: ‘Web pact’ for Microsoft and News Corp?
