The group of investors bidding for ITN have today declared their offer for the company, claiming they will give “stability, skills and financial strength” to the news organisation.
The new board of ITN will include Michael Green as chairman, David McCall and Stewart Purvis as editor in chief.
Since announcing their bid last November, the investors have carried out a thorough investigation into ITN’s finances and have come up with a plan which they claim will overcome the company’s problems.
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