A number of institutional investors will be ‘positively abstaining’ from the vote to approve a controversial plan by Conrad Black to sell an 11% stake in loss-making Canadian publisher Southam to the Telegraph. A number of institutions see this latest move as confirmation of their concerns over Black’s stewardship of the newspaper group. As a result some have stated they would not buy shares in the UK group whilst Black retained majority control.
Media Jobs
Hello. We have downloaded cookies on your device. Some of these cookies are essential for the website to function. Others are non-essential and are used for analytics and advertising.
We need your consent for these types of cookies.
To withdraw your consent or change your cookie choices, please do this through your browser settings.
Otherwise, click OK to accept and continue.AcceptPrivacy policy
