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A Belgian/ Dutch Media Group To Buy INM For €145 Million

In a deal announced to the stock exchange this morning, shareholders are to receive 10.5 cent per share.

INM owns a number of national and regional titles including the Irish and Sunday Independent, the Sunday World, The Belfast Telegraph, and a number of regional newspapers including the Wicklow and Bray People and the Gorey Guardian. 

The deal will need regulatory approval.

 

Later...

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