12-09-2016 19:35 via thedrum.com

Johnston Press under mounting pressure as activist investor calls for meeting

An activist investor is meeting with Johnston Press’ chairman Ian Russell tomorrow (13 September) to discuss whether the struggling publisher should be pushed to change.
The investor fund, Crystal Amber, has a 3.3 per cent stake in the publisher. The value of its investment has slid as the company’s shares have fallen over the last 12 months.
Crystal Amber will reportedly wait until after the meeting before deciding whether it will start to agitate for change at the publisher, the Te
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