News Corp in talks to sell off regional papers

Original article by Leo Shanahan
The Australian – Page: 19 : 11-May-20

Australian Community Media may be poised to acquire some or all of News Corp Australia’s regional and community newspapers. ACM already owns a large portfolio of regional newspapers, and it is said to have been holding talks with News Corp about a deal for some time. Both companies have put the print editions of some mastheads on hold due to the coronavirus pandemic. News Corp is expected to retain some regional mastheads, including the ‘NT News’ if a deal proceeds.

CORPORATES
NEWS CORP AUSTRALIA PTY LTD, NEWS CORPORATION – ASX NWS, AUSTRALIAN COMMUNITY MEDIA

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