Regional newspaper publisher, Johnston Press, has this morning announced the acquisition of eight free weekly papers and their related editions from Trinity Mirror, £16.1 million cash.
The titles include the
Peterborough Herald & Post,
Northampton Herald & Post,
Derby Trader and five other free newspapers which circulate in and around those areas. The titles will be incorporated as appropriate into the North, South and East Midlands Divisions of Johnston Press, the company said.
Trinity Mirror, the UK’s largest regional publisher and owner of the Mirror national newspaper, will use the proceeds from the sale to pay off group debt.
The deal is subject to the approval of the Secretary of State for Trade and Industry.
