INM shares decline 5% on ODCE probe news

INM shares decline 5% on ODCE probe news.

INM shares decline 5% on ODCE probe news
Tue, 27 Mar, 2018 - 01:00

INM shares decline 5% on ODCE probe news, writes Eamon Quinn.

Shares in Independent News and Media (INM) closed 5% lower yesterday as analysts scrambled to assess the potential cost to INM following a High Court application by corporate watchdog, the Office of the Director of Corporate Enforcement (ODCE) to have an inspector appointed to investigate the media firm.

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CourtsHeathrowPerson: Eamon QuinnPerson: Robert PittPerson: Leslie BuckleyPerson: Denis O’BrienPerson: Philip O’SullivanPerson: Murdoch MacLennanPerson: Rachel FoxOrganisation: INMOrganisation: ODCEOrganisation: Independent News and MediaOrganisation: Office of the Director of Corporate EnforcementOrganisation: NewstalkOrganisation: CommunicorpOrganisation: Investec IrelandOrganisation: Telegraph Media GroupOrganisation: Goodbody
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