Irish Post saved by Loot owner Elgin Loane
The newspaper is being brought back to newstands despite formal liquidation
By Press Gazette Published 04 October 2011The Irish Post is expected to be back on newsstands within a fortnight after being bought by Irish businessman Elgin Loane.
Thomas Crosbie Holdings closed the London-based weekly newspaper for the Irish in Britain on 19 August.
But following formal liquidation, Loane - who owns classified ads magazine Loot - filed a winning bid to buy it.
He said: "The Irish Post has a long and proud tradition of serving the expatriate community in Britain for over forty years and must be continued for the benefit of both the incumbents as well as the growing population of Irish people heading to Britain."
Read more at Press Gazette.
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