Friday 18 March 2011

FT.com / Media - Mecom to pay dividend as losses narrow

Mecom, the European newspaper group, has narrowed its full-year losses on the back of a restructuring and promised to pay its first dividend since floating six years ago.

Stephen Davidson, executive chairman, said he hoped the search to find a replacement for former chief executive and founder David Montgomery would be completed by the summer.

via ft.com

No comments:

Post a Comment