DeFontes: Business Alliance Plans “Suspended”

July 18, 2014

Yesterday morning [July 17] the doors of DeFontes Broadcasting [VSB] were briefly locked due to a disagreement between local businessman Spencer Conway and DeFontes Broadcasting.

A VSB spokesperson said, “Following a breakdown in the negotiations between DeFontes Broadcasting Limited and a management team headed by local businessman Spencer Conway, plans for a business alliance have been suspended.

“A writ has been issued in the Supreme Court by DeFontes Broadcasting alleging misrepresentation, and this will need to be answered within the next 7 days.

“In the meantime, a notice was served on Wednesday by Mr Conway on Mr Kenneth Defontes, President of the Company, demanding that he leave the Reid Street office. The letter was rejected.

“This morning in response to a warning that Mr Conway planned to return to the offices at 11.00am with security officers, the main doors were locked for a short period of time. No such visit occurred and the company is operating as normal.”

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