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LONDON NEWSPAPER DEAL

LONDON, July 26. ! More than £1,000,000 is believed to be f involved in the amalgamation of the J Financial Times and the Financial News, if Lord Camrose, chairman of the Finan- j cial Times, announced that the interest 1} in the paper held by him and his family f had been sold to the Financial News. He ! and two other directors will retire from. ! the board of the Financial Times. The controlling interest transferred fi amounted to about 370,000 shares of £1 i each, says the Daily Telegraph, which j adds: "It is clear that the Financial News : will cease publication and the Financial j Times will in W.ure be the only financial daily in London."

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https://paperspast.natlib.govt.nz/newspapers/AS19450730.2.31.5

Bibliographic details

LONDON NEWSPAPER DEAL, Auckland Star, Volume LXXVI, Issue 178, 30 July 1945

Word Count
119

LONDON NEWSPAPER DEAL Auckland Star, Volume LXXVI, Issue 178, 30 July 1945

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