TrinityMirror meet Johnston Press; Johnston meet Trinity Mirror. And watch how the geography works…
General, Journalism | (0)
For obvious reasons, this fascinates me...
And apologies about being a couple of days out-of-date; blame www.2gether08.com - and fair play to Mr Steve Moore for organising said event.
But anyway, the suggestion that TrinityMirror and Johnston would be best advised throwing their hand in together...
http://www.independent.co.uk/news/business/sharewatch/market-report-broker-moots-merger-of-trinity-and-johnston-858351.html
Or more particularly...
"ABN Amro said that, given the problems faced by the media sector, "shareholders and management will increasingly press for industry consolidation". "These are desperate times, and they call for desperate measures: we believe a Trinity/Johnston combination makes sense," ABN said.
"The geographical fit is no 'dream ticket', but Trinity has an urban bias, while Johnston ...