Trinity Mirror investor asks for merger
Trinity Mirror investor asks for mergerA Trinity Mirror investor is reported to have asked the company to find a partner to merge with.
The Sunday Times stated that some investors are worried about the debt level that is held by Trinity.
The merger call comes a year after talks between Trinity and Northcliffe Media broke down.
David Lis at Aviva Investors, Trinity's second-largest shareholder with a 10% stake in the business, is reported as saying: “It's imperative that there's consolidation within the regional newspapers space…It simply has to happen.”
New to The Drum
You will be sent a verification email. Click on the link in the email to post your comment.
Existing Users Sign In
More like this
- New MD for Trinity Mirror Midlands operations
- Northcliffe Media joins with Trinity Mirror Regionals to represent National Media Sales through AMRA
- Trinity Mirror network records largest online unique user figures
- Marcomms mergers and acquisitions 'remarkably resilient' in recent months says Results International
- Google approaches OFT about changes to merger rules
11/05/2012
Pitch news: Hertz, HTC, Smirnoff, LV=
Write Your Comment