Grenon offers terms to end ‘futile’ NZME board stoush

NZME's board has released the latest letter from investor Jim Grenon. (Image: NZME)

Wed, 26 Mar 2025

The leader of a boardroom coup at New Zealand Exchange-listed publisher NZME is urging the board to accept terms quickly, claiming a clear majority of shareholders is emerging to support his initiative and that resistance is “futile”.The letter affirms much of BusinessDesk's reporting earlier, which revealed Jim Grenon will consider putting NZME chief executive Michael Boggs on the board. In a new eight-page letter, Grenon ratchets up the pressure on the board and its chair, Barbara Chapman, to announce their resi...

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