The Mirror Group is about to invest £15m in the Belfast-based Newsletter, according to recent press rumours. It is believed that most of the money will be spent on printing presses for the daily newspaper, which will also be used to print Mirror Group titles in both northern and southern Ireland.
As part of the deal the Mirror Group will take a 90% stake in the 258-year-old title, which is the UK’s oldest daily newspaper. The move would greatly benefit the Newsletter since it would then have access to the Mirror’s sports and news coverage.
The Mirror Group was unavailable for comment.
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