Four serious investors as ‘Sunday Business Post’ gets court reprieve

Four contenders have come forward offering to invest in the Sunday Business Post, which is in examinership, the commercial court heard yesterday.

Four serious investors as ‘Sunday Business Post’ gets court reprieve

Mr Justice Peter Kelly was initially told of 11 written expressions of interest. There are now four serious contenders who have indicated they are prepared to invest and have provided proof of funds.

The judge yesterday granted an application by the examiner, Michael McAteer, to extend the time of the protection of the court to May 15 to allow for the investment offers to be examined and processed.

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