INM mulls sale of The Independent

LONDON - Independent News & Media (INM) is reported to be considering selling The Independent newspaper.

INM mulls sale of The Independent

The company has been linked with corporate finance group Lazard about the future of the loss-making daily newspaper although no firm decision has been made.

Lazard has been working with INM since it was approached by Russian tycoon Alexander Lebedev last year. Lebedev went on to buy a majority stake in the Evening Standard from DMGT.

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