Irish Times to buy rival publisher - News Summed Up

Irish Times to buy rival publisher


The Irish Examiner’s parent group had debts of €16.9 million with AIB GETTY IMAGESThe Irish Times has agreed a deal to buy Landmark Media, the publishing group which owns the Irish Examiner, for an undisclosed fee, bringing to an end months of negotiations. The deal includes all of Landmark’s publishing and media interests including the Irish Examiner, Evening Echo, seven weekly regional titles and breakingnews.ie, the news website. The Irish Times will also buy the group’s interests in three local radio stations. The deal is expected to take up to six months to close. Financial details of the takeover were not disclosed but it includes a significant restructuring of…


Source: The Times December 07, 2017 00:03 UTC



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