and now for something completely different
From Friday's Irish Times financial page:
"Johnstown Press the regional newspaper group, was hit by a bear raid yesterday. Its shares dropped 7.3 per cent to a nine year low of 169 and a half p, on talk it could breach banking covenants if the advertising market slows sharply."
The group owns the Leinster Leader.
I wonder what banking covenants are.
They sound complicated.
Memo to the Johnston Press: In a prize fight, the winner is the one still standing at the end.
"Johnstown Press the regional newspaper group, was hit by a bear raid yesterday. Its shares dropped 7.3 per cent to a nine year low of 169 and a half p, on talk it could breach banking covenants if the advertising market slows sharply."
The group owns the Leinster Leader.
I wonder what banking covenants are.
They sound complicated.
Memo to the Johnston Press: In a prize fight, the winner is the one still standing at the end.
posted by heelers | 3:12 AM
2 Comments:
Ooh, you didn't put a curse on them by any chance did you?
No media group on earth can survive entirely devoid of talent.
J
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