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Purchase Price Of Newstalk Causes Independent News & Media Dispute

The Chairman of Independent News and Media says the board is working day and night to resolve issues between him and the CEO.

Chief Executive Robert Pitt made a protected disclosure under whistleblower legislation after a disagreement with Chairman Leslie Buckley over the purchase price of Newstalk.

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Both men got different valuations of the radio station, with the Chairman’s substantially higher.

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