Owner of the Scotsman and i newspapers enters administration

Johnston Press, which also owns the Yorkshire Post, has debts of £220m and failed to find a buyerJohnston Press, the owner of the i, the Scotsman and Yorkshire Post, has gone into administration after being brought to its knees by debts of more than £200m.The publicly-listed newspaper publisher, which put itself up for sale last month in a last-ditch effort to save the business from going under, has gone into administration admitting that its shares are now worthless. Related: Daily Mail owners reportedly interested in buying i newspaper Related: Johnston Press falls prey to capitalism and greed | Roy Greenslade Continue reading... Continue reading at 'The Guardian'

[ The Guardian | 2018-11-17 00:00:00 UTC ]
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