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June 11, 2008

Independent News and Media set for AGM showdown

By Dominic wireposts

The Independent News and Media board is heading for a showdown with rebel shareholder Denis O’Brien at the company’s annual general meeting today.

O’Brien, who owns just over 25 per cent, has been seeking to wrest control of the company from its largest shareholder Sir Anthony O’Reilly. But a new study commissioned by O’Reilly will reject O’Brien’s criticisms.

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