KM Group makes formal submission to the Office of Fair
Trading
The KM Group has announced that it is making a formal submission
to the Office of Fair Trading (OFT) informing them of its intention
to acquire the seven newspaper titles currently owned by Kent
Regional News and Media (KRNM).
The proposed acquisition will now be subject to a 40 working-day
investigative process by the OFT. Staff in both organisations were
briefed on the proposed acquisition today.
(July 25, 2011)