Commission Considers Trinity’s Acquisition Of Johnston Press Titles
The Competition Commission (CC) will now have until 19 April to report on the proposed acquisition by Johnston Press of eight Trinity Mirror newspaper titles, it was announced today. The Commission had previously been due to report on the takeover tomorrow (see Regulator Questions Johnston’s Latest Acquisition).
The CC requested an extension to the investigation because ‘important new information’ has been submitted by Johnston Press, it said. The extension of eight weeks is to allow for a protracted inquiry into the transfer; a decision may well be made by the end of next month, the Commission said.
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