INM, the country's largest media group and publisher of the Irish Independent and Independent.ie, has issued a statement to the Stock Exchange confirming the decision by the Office of the Director of Corporate Enforcement to seek High Court inspectors to investigate the affairs of the company. INM, the country's largest media group and publisher of the Irish Independent and Independent.ie, has issued a statement to the Stock Exchange confirming the decision by the Office of the Director of Corporate Enforcement to seek High Court inspectors to investigate the affairs of the company. "The Board of INM is taking legal advice as to whether the Court would have sufficient grounds to make the Appointment." INM went on to say that further announcements on the matter would be made in due course, as appropriate. Shares in the company were trading 8pc lower this morning on the Irish Stock Exchange.

Source: Irish Independent March 26, 2018 08:15 UTC