A brief statement on the INM website said: “Dublin/London 30th April 2010: Independent News & Media PLC is pleased to announce that, following Irish Competition Approval and satisfaction of other conditions, the disposal of The Independent and The Independent on Sunday to Independent Print Limited, a company controlled by the family of Mr. Alexander Lebedev, which was previously announced by the Group on the 25th March 2010, was completed today.”
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Sale of Independent completed
Independent News & Media has announced the completion of the sale of the Independent newspaper.
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