MediaGuardian: O’Brien calls for sale or closure of Independent and IoS

September 2nd, 2009Posted by Laura Oliver in Editors' pick, Newspapers

Denis O’Brien, the rebel shareholder in Independent News & Media, is demanding a meeting of shareholders ‘to order the immediate sale or closure’ of the group’s UK newspapers – the Independent and Independent on Sunday, reports MediaGuardian.

O’Brien has tabled eight resolutions for the meeting including the above and calls for group chairman Brian Hillery to resign.

Last week it was reported that the group as a whole had fallen into the red.

Full story at this link…

Tags: Denis O'Brien, Independent, Independent News and Media

One Response to “MediaGuardian: O’Brien calls for sale or closure of Independent and IoS”

Journalism Daily: Custodial sentences for data breaches proposed, ONA award finalists announced | Journalism.co.uk Editors' Blog Says:

September 2nd, 2009 at 7:19 pm
[...] MediaGuardian: O’Brien calls for sale or closure of Independent and IoS [...]

Recent Comments

Craig McGill:George, it's only a steal if the people takin
George Dearsley:Craig, it's being argued that Trinity only pa
JohnD:Not really, not when you consider hundreds of
Judith Townend:ooo, very nice, thank you! I've also started
jj:Another odd note: the address for http://www.
Philip John:Hey, thanks for the shout. I'll be rounding u
mgieva:Couldn't help but notice the "diversity" in t
Judith Townend:Thank you - I've corrected the text to make t
Lyn:Got to be a hoax. It's just too ridiculous (l
PCC:It is not correct to refer to the "PCC Code C

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