O'Brien increases INM share to 27% - report03/05/2012 - 17:41:56
Denis O'Brien has further increased his stake in Independent News and Media.
Reuters newsagency is reporting that the businessman has bought another 5% worth of shares, taking his total stakehold in the company to 27%.
A spokesman for Mr O'Brien declined to comment.
The move comes just over a week after former CEO Gavin O'Reilly stepped down.
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