Trinity Mirror Plc lost an appeals court bid to cut the amount it has to pay to phone-hacking victims, less than a week after prosecutors decided to drop a probe of 10 journalists with ties to the company's tabloid newspapers.
Trinity Mirror Plc, owner of Britain's Daily Mirror tabloid, rose the most in 4 1/2 months as a decline in revenue slowed and the company projected cost savings next year as it integrates the recently acquired Local World newspaper group.
In a regulatory announcement, Trinity Mirror said: “On 28 October, Trinity Mirror plc announced the proposed acquisition of all of the shares in Local World Holdings Limited not already owned by the Company.
Trinity Mirror plc has a strong benefits package which includes, for this role, a competitive base salary, company car, 33 days holidays including Bank holidays, a competitive pension along with an extensive flexible benefits portfolio.
The newspaper group offered "every victim a sincere and unreserved apology," in large type on page two of the Daily Mirror and said it will publish the same apology in the Sunday Mirror and the Sunday People this weekend. "We recognize that our actions ...