1. We've added a new Women's Team sub-forum to discuss all things related to the new United Women's Team.

    Also, the FCUoM forum has been closed due to inactivity, with its threads moved to the Football Forum. To discuss FCUoM and Salford City moving forward, please use this sticky thread.
    Dismiss Notice

Trinity Mirror in £127m Express takeover?

Discussion in 'Current Events' started by Damien, Feb 4, 2018.

  1. Feb 4, 2018

    Damien Self-Aware RedCafe Database (and Admin) Staff

    Mar 4, 2010
    • Richard Desmond to get £42M immediate cash payment, £20M in Trinity Mirror shares, £60M in deferred payments and £5M relating to approvals by Irish competition authorities.
    • Further £40M to be paid into pension schemes of both newspaper companies.
    • Trinity Mirror will get Daily Express, Daily Star, Sunday Express, OK! Magazine and more.
    • Richard Desmond would become one of Trinity Mirror's largest shareholders though hasn't asked for a seat on the company board.
    • Shareholders in Trinity Mirror to have formal vote before deal is finalised.