Porta Communications has bought the Tunbridge Wells media agency established in 2009 by Bill Jones after breaking away from another AIM listed agency WFCA and being followed by some of his former agency’s clients and staff.
More sensitive still, both Porta Communications and WFCA have a common shareholder, Hawk Investment Holdings, raising the question of whether any potential conflict of interest may arise by holding shares in a company that is buying an agency that has caused damage to another company in which that investor also has a shareholding. Hawk Investment Holdings is an offshore company controlled by Bob Morton.
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