Wednesday, February 2, 2011

Ireland's Sunday Tribune calls in receivers

DUBLIN |
Tue Feb 1, 2011 12:13pm EST


DUBLIN Feb 1 (Reuters) - The publisher of Ireland's Sunday
Tribune has appointed a receiver to the newspaper after minority
shareholder Independent News Media (INM) (INME.I) decided not
to continue funding the business.

"The decision to call in a receiver has been taken with
great regret," Tribune Newspapers chairman Gordon Colleary said
in a statement on Tuesday. "We recognise that additional investment will be

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