Tuesday, December 20, 2011

New York Times sells newspapers

The New York Times Company is selling its smaller and mid-sized newspapers, officials announced Monday.  They're in discussions with the Halifax Media Holdings group to buy 16 regional newspapers, stretching from California to North Carolina, as well as Louisiana to Florida.

Click here for the full story, courtesy of Forbes.com.

Also, Poynter.org has more on why the pending sale could signal the start of increasing "wheeling and dealing" here

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