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Trinity Mirror Buying GMG Regional Media For £44.8 Million

Robert Andrews

Feb 9, 2010 5:06 AM

Trinity Mirror (LSE: TNI) still sees value in local newspapers, even if Guardian Media Group doesn’t. It’s buying GMG Regional Media - with its 32 newspapers and websites - for £44.8 million ($70 million), in a deal that had been expected and shows the very different strategies of the two…

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Posted In: Media & Publishing, Newspapers, Money, M&A & Venture Capital, Mergers & Acquisitions, Companies, Guardian Media Group, Trinity Mirror

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