INM share buyback continues

INDEPENDENT News and Media (INM) share buyback continues, pushing the combined holdings of the board and the company to 31.6%.

INM share buyback continues
Tue, 15 Oct, 2002 - 01:00
Conor Keane

However, the company is refusing to explain why this level of shareholding has not triggered a rule nine takeover bid for the company.

A spokesman for INM refused point blank to explain to the Irish Examiner why the rule nine rule does not apply at this juncture.

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