Surfer 1,547 Posted August 28, 2020 I cannot vouch for it's accuracy but saw this posted today... Pete / moderators please delete this post if it's just a rumour. " Norwich-based local paper group Archant (Eastern Daily Press, The New European) to be sold to private equity firm RCapital. Existing shareholders - including mustard family Colmans - wiped out after 175 years of ownership. Sunk by general collapse in ad revenue and pension costs " Share this post Link to post Share on other sites
SHRIMPER 328 Posted August 28, 2020 https://www.pressgazette.co.uk/archant-bought-out-new-owner-shareholders/ Share this post Link to post Share on other sites
ricardo 7,349 Posted August 28, 2020 Am I the last one left who still buys an EDP or EEN? Share this post Link to post Share on other sites
ricardo 7,349 Posted August 28, 2020 I see the poor bastards who invested in the share incentive scheme have done their bollox. Share this post Link to post Share on other sites
......and Smith must score. 1,336 Posted August 28, 2020 Well it was either this or be liquidated. The printed word is on very rocky ground for many companies and I don't suppose the day is too far off when newspapers will be as rare as hens teeth. 1 Share this post Link to post Share on other sites
CANARYKING 634 Posted August 28, 2020 Surprised they can afford to keep messrs Davitt, Freezer and Southwell Share this post Link to post Share on other sites
