Johnston press secures funding boost

British newspaper group Johnston Press today said more than 97% of shareholders had backed its £170m (€215m) cash call.

Johnston press secures funding boost
Tue, 24 Jun, 2008 - 15:45

British newspaper group Johnston Press today said more than 97% of shareholders had backed its £170m (€215m) cash call.

The firm, which publishes titles including The Scotsman and The Star in Sheffield, saw investors take up more than 311 million shares in the deeply discounted rights issue.

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