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XS ‘don’t sell’

Directors of Palmerston North-based radio operator, XS Corporation, have issued a “don’t sell” notice to shareholders.

Negotiations were taking place which might affect the value of the shares, XS said. A further announcement would be

made within 10 days.

In August, XS bought a 66 per cent stake in Northland-based broadcaster and video distributor Normedia Corporation. The purchase was the first step stage of a restructure of the XS Corp-Normedia group, XS said at the time.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19880923.2.111

Bibliographic details

Press, 23 September 1988, Page 16

Word Count
79

XS ‘don’t sell’ Press, 23 September 1988, Page 16

XS ‘don’t sell’ Press, 23 September 1988, Page 16