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July 13, 2017

Newsquest completes takeover of Isle of Wight County Press

By Freddy Mayhew

Newsquest has completed its takeover of the Isle of Wight County Press in the face of calls for the deal to be delayed while alternative management options are developed for the independent publisher.

Shareholders at the County Press voted unanimously to agree the buyout after they were told by the board of directors to accept Newsquest’s offer last month.

The National Union of Journalists (NUJ) called for a halt to the deal to give existing management to “develop a business plan and a long-term strategy”.

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