There is fake news doing rounds on social media that The Observer Media Limited (OML), the publishers of The Observer newspaper has been sold to Next Media.
This fake news has been spread by an online publication, Campus Eye. The OML has not held any meetings with any entity concerning the sale of shares.
The OML is still as intact as it has been for the last 13 years. Therefore, all the information being circulated in regard to the sale of shares to Next Media is fabricated and should be ignored.
None of the media entities that are circulating the fake news have contacted the management of OML for clarification or confirmation of their speculations.
The OML management would like to assure its clients, readers and general public that nothing has changed.
No merger, no sale. In the same regard, we would like to appeal to the online news outlets to endeavor to cross-check their facts before publishing and spreading ridiculous news.