‘New York Times announces sale of 16 regional papers for $143 million’

Julie Moos reports on the New York Times Company:

https://i2.wp.com/dealbreaker.com/_old/images/entries/NewYorkPostNYTMorganStanleyGraphic.jpg 

Halifax Media is buying 16 newspapers from The New York Times in a deal that is expected to close within the next few weeks. The Times acknowledged the likely sale last week after Halifax prematurely published the newspapers’ names on its website, in a list of properties it owned.

Continue reading:

http://www.poynter.org/latest-news/mediawire/157387/new-york-times-sells-16-regional-papers-for-143-million/

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