Mixed Feelings As Johnston's Success Rankles Rival Biddersscottish Radio Holdings Takeover
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Summary
JOHNSTON Press's rivals couldn't decide if they were envious or furious at the news that the Edinburgh group had been lined up by Emap to take over Scottish Radio Holdings's newspaper division Score Press for pounds-155 million last week. While most were impressed at Emap's dealmaking, many wondered why the 45 Score titles were changing hands without an auction.
Groups like Northcliffe, Trinity and Newsquest, publisher of the Sunday Herald, are all thought to have expressed an interest. Other players like Archant and Dunfermline Press, which already has an Irish portfolio, were almost certainly sniffing around too. Surely Emap plc should have auctioned the titles to squeeze out maximum benefit for shareholders?See the full content of this document
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Mixed Feelings As Johnston's Success Rankles Rival Biddersscottish Radio Holdings Takeover
The close links between the protagonists at Emap, SRH and Johnston fuelled mutterings of a Scottish ...
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