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Tag Archives: APN Board Battle

FT’s take on the APN boardroom battle most nuanced to-date

APN Battle  Financial Times: A boardroom battle has broken out at APN News & Media following a decision by the company’s largest shareholder to push for the removal of its chief executive and oppose a rights issue. Shares in the Australasian media group APN were suspended on Friday when Ireland’s Independent News & Media said it wanted the removal of Brett Chenoweth as a …

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APN News shares halted on report INM seeks CEO’s ouster, capital raising eyed

APN Battle  hares of APN News & Media were halted after the Irish Independent newspaper reported that 28.95 percent owner Independent News & Media has called for the resignation of chief executive and director Brett Chenoweth. The report said INM had formally advised APN of its views and was seeking an extraordinary meeting of shareholders. INM had “lost confidence in …

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