LONDON (Thomson Financial) - Independent News & Media is coming under pressure from a leading shareholder to sell its flagship publication, the UK's Independent newspaper, as part of an effort to improve its share price performance, the Times reported.
The paper said Denis O'Brien, a telecoms billionaire who owns an 8 pct stake in Independent News & Media, also wants the group to sell its Australian radio operations. tf.TFN-Europe_newsdesk@thomson.com mn/jlw COPYRIGHT Copyright AFX News Limited 2007. All rights reserved. The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
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