7/29/2019 'News: Exit Of Scottish Media Group plc CEO Flanagan
Hastens Takeover Or Merger Prospects' by Grant Goddard
2/3
Anffnwicl Kcjrgw Afkcklkcs sujjgc jgpkrturg arnh tdg `diga
gxg`utivg enb ktP`nttisd Hgjik Lrnup pf` ]PHLX by hutukf
`ncsgct& k hgrlgr nr k`quisitincna tdg `nhpkcy bg`nhgs hnrg
fimgfy tdkc gvgr
WZQ pf` is mcnwc tn bg ictgrgstgj ic k hgrlgr witd PHL tdkt
wnufj hkmg
,Qirlic Rkjin, its sg`ncj cktinckf rkjin stktinc& but it
wnufj dkvg tn pky icsdkrgs ucfgss kjjitinckf `ksd wgrg rkisgj arnh
tdg stn`m hkrmgt Hg`nh& tdghgjik lrnup fgj by Jkvij
Hnctlnhgry& dks kfrgkjy buift k shkff stkmg ic PHLkcj `nufj
hnuct k bij Fnrj Kffi& wdnsg ;??h bij anr Qirlic Rkjin fkst
ygkrwks airhfy rgeg`tgj& `nufj rgturc tn tdg arky
Icvgsthgct `nhpkcy Aijgfity& tdg fkrlgst icstitutinckf
sdkrgdnfjgr ic PHL kt;7'& is rgpnrtgj tn bg suppnrtivg na tdg
bnkrjs pfkc tn kppnict dgkjductgrstn aicj k cgw `diga gxg`utivg
Cgvgrtdgfgss& kckfysts sky tdkt Aijgfity is kfsnpkrt na kc
kftgrcktivg pfkc& suppnrtgj by 27' na tdg `nhpkcys
sdkrgdnfjgrs&tn dkvg anrhgr @dkccgf Anur Zgfgvisinc `nhhgr`ikf
jirg`tnr Rnb \nnjwkrj
kppnictgj ks `diga gxg`utivg kcj anrhgr P`nttisd Rkjin Dnfjicls
pf` `digagxg`utivg Ri`dkrj Aicjfky kppnictgj ks `dkirhkc
\nnjwkrj skij5 "I,vg bggc fnnmicl kt tdis `nhpkcy anr k vgry
fncl tihg It dksbggc nc tdg bk`m annt anr hkcy ygkrs kcj tdgrg is k
dulg nppnrtucity tnjgvgfnp its kssgts"
Aicjfky kjjgj5 \g krg fnnmicl kt snhgtdicl tdkts arigcjfy
bg`kusg tdg`nhpkcy is rktdgr bruisgj rildt cnw kcj cggjs trgkthgct
kpprnpriktg tn its`urrgct `ncjitinc Ih bk`micl Rnb bg`kusg dgs k
vgry lnnj npgrktnr& dgmcnws tdg busicgss wgff kcj dgs lnt k
vgry lnnj brkic
\nnjwkrj skij dg rgausgs tn wnrm witd PHL `dkirhkc @dris
Hkstgrs& wdnrgeg`tgj dis nvgrturgs ic Hkr`d anr k rnfg ic PHL
Ia Hkstgrs rgausgs tn anffnwAfkcklkc nut tdg jnnr& Hg`nh `nufj
fkuc`d k dnstifg bij tn icstkff \nnjwkrjkcj Aicjfky Zdg ucmcnwc
ak`tnr rghkics IZQ pf`& PHLs fkrlgst icvgstnr kt;140'
Zdg @ity dks bggc hgr`ifgss ic its `riti`ish na PHL ucjgr
Afkcklkc Ncg`nhhgctktnr skij5 Afkcklkc nvgrskw k sgrigs na
strktgli` bfucjgrs K hgjikkckfyst kjjgj5 "Dg is k ci`g luy but&
ic snhg wkys& it is khkzicl tdkt dg dks
fkstgj ks fncl ks dg dks Dg dks prgsijgj nvgr k fncl pgrinj na
vkfugjgstru`tinc Ynu ncfy dkvg tn fnnm bk`m kt tdg `kfkhitnus
gvgcts na k agwygkrs bk`m Afkcklkc pkij k hkssivg pri`g anr tdg
stkmg ic P`nttisd RkjinDnfjicls& k cnc(`nrg kssgt& kcj it
wks substkctikffy hnrg tdkc tdg tkmgnutpri`g by GHK_"
Kcntdgr kckfyst skij5 "Zdgrg wks kfsn tdg aiks`n witd Liclgr
Hgjik ]@drisGvkcs, `nhpkcyX Zdgy nvgrpkij kt tdg tnp na tdg
hkrmgt& ncfy anr Gvkcs fktgrtn bg sk`mgj" K snur`g `fnsg tn tdg
PHL bnkrj kjhittgj5 "Kcjrgw dks cntbggc afkvnur na tdg hnctd witd
tdg icstitutincs"
K`ticl `diga gxg`utivg Jnckfj Ghsfig rgspncjgj tn tdg
`riti`ishs5 Fnnm ktwdkt wg dkvg jncg ic ZQ jgvgfnphgct kcj witd
Qirlic Rkjin Fnnm kt tdg
Cgws5 Gxit Na P`nttisd Hgjik Lrnup pf` @GN Afkcklkc Dkstgcs
Zkmgnvgr Nr Hgrlgr _rnspg`ts pklg 22??1 Lrkct Lnjjkrj
7/29/2019 'News: Exit Of Scottish Media Group plc CEO Flanagan
Hastens Takeover Or Merger Prospects' by Grant Goddard
3/3
Cgws5 Gxit Na P`nttisd Hgjik Lrnup pf` @GN Afkcklkc Dkstgcs
Zkmgnvgr Nr Hgrlgr _rnspg`ts pklg 02??1 Lrkct Lnjjkrj
cgws prnlrkhhgs wg krg hkmicl \g dkvg lnt ,stvtv, Zdis cgw
buifjicl]PHL dgkjqukrtgrs kt _k`iai` [ukyX is k `rgktivg visinc It
wks jgsilcgj tnp tnbnttnh witd tdg `rgktivg prn`gss ic hicj
Hgkcwdifg& tdg hgjik icjustry is busy jgbkticl wdn hildt bg
tdg cgxt
`nrpnrktg dnc`dn tn suaagr kt tdg dkcjs na sdkrgdnfjgr
jissktisak`tincAfkcklkcs nusticl anffnwgj dnt nc tdg dggfs na k
sihifkr jgpkrturg arnh Auturg_ubfisdicl pf` na `diga gxg`utivg Lrgl
Icldkh& katgr dg dkj rgpnrtgj k ;2hfnss tn sdkrgdnfjgrs Ncg
hgjik kckfyst `nhhgctgj5 "Kcy hgjik `digagxg`utivg is rgkffy sggicl
tdgir pgranrhkc`g `rugffy gxpnsgj kt tdg hnhgct bytdg `y`fi`kf
jnwcturc \g,vg sggc twn ln wg `nufj `grtkicfy sgg hnrg"
Zdis wggm& L@kp Hgjik pf` `diga gxg`utivg Rkfpd Bgrckrj
`nhgs ucjgrs`ruticy arnh sdkrgdnfjgrs kt tdg `nhpkcys Kccukf
Lgcgrkf Hggticl& ncfyjkys katgr tdg sdkrg pri`g dit k cgw
kff(tihg fnw na 2;?p @dryskfis pf` sdkrgskfsn dit k cgw kff(tihg
fnw na ;?927p fkst Arijky& kcj Aijgfity is cnw tdg
fkrlgst sdkrgdnfjgr ic tdg lrnup
]Airst pubfisdgj ic ,Zdg Rkjin Hklkzicg, ks ,Afkcklkc Gxit
Dgrkfjs Fimgfy PHL Pdkmgjnwc,& #
