It took time to get UKLA approval for the prospectus for the readmission of National World, but more than four months after the acquisition of JPI was completed it has happened and trading in the shares restarted. Local newspapers are a tough business, but if the strategy to generate more online revenues is a success the titles acquired, such as the Scotsman and the Yorkshire Post, could be worth an enormous amount.
Executive chairman David Montgomery is a former editor of the News of the World and chief executive of Mirror Group, while Vijay Vaghela is a former finance director of Reach, ...
