Guardian media is reporting at 12.05 that
Former Observer editor Roger Alton is understood to be in talks to replace Simon Kelner in the same role at the Independent.
Under the plan, Kelner will step up to a senior management role at the Independent and Independent on Sunday, a senior source confirmed to MediaGuardian.co.uk this morning. The role is thought to replace that of the managing director, Terry Grote, who is retiring in May.
However, senior executives at Independent News & Media say no deal has been done.
Another case of the Guardian jumping the gun as with the story of the paper going free or is Kelner really on the way out?