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The Week: City news - O'Brien plans to buy IN&M.(Denis O'Brien)(Independent News & Media PLC)(Brief article)

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| April 04, 2008 | COPYRIGHT 2008 Haymarket Business Publications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Denis O'Brien, a major shareholder in Independent News & Media and an outspoken critic of the company's management team, is planning a takeover of the business, according to a report in The Observer, and plans to sell off its flagship Independent titles.

Since 2006, O'Brien has increased his shareholding to 22.15 per cent Last week, Sir Anthony O'Reilly, who currently controls IN&M, spent pounds ...

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