By: Roy Greenslade | Guardian.co.uk
In the wake of the firing of the Daily Mirror and Sunday Mirror editors, there was a brief increase in Trinity Mirror’s share price. It didn’t exactly zoom up, though for an hour or so last Thursday it did show a 6% rise before falling back again. In City parlance it was a dead cat bounce.
The supposed reason for this rise was the claim that the departed Mirror editors, Richard Wallace and Tina Weaver, had been trying to engineer a management buy-out.