The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
There you go again with ‘his’ decision.
Why do you assume it was ‘his’ decision. He is just another member of the board of THG albeit he has a large shareholding.
The governance of THG has changed Rock.
Buying CityAM has been decided by THG.
But you know that. You carry on peddling your own little agenda.
All the other UK business media has been infiltrated and usurped by hedge funds and financial sharps all out to rip off retail investors. Just look at that McCrum article where he called up and threatened THG before tipping off his cronies and the sp falling as revealed by Matt.
I applaud THG for taking more than a stand and I will definitely be subscribing to this new CityAM offering.
Give it a rest Rock...just read the article and think Occam's Razor.
The article is clear.
THG will buy CityAM not to make squillions of pounds from it directly, but as a PR tool to give its' Ingenuity clients and itself direct access to the good folk of The City.
"Among the most significant motivations for the deal is said to be the opportunity to give clients of THG's Ingenuity digital brand-building and e-commerce platform - which include consumer goods giants Coca-Cola, Kraft Heinz, Mondelez and Nestle - greater access to a financially literate audience in the form of City AM's readership."