TORONTO - Torstar Corp. has signed a deal to sell the land and building used by the Hamilton Spectator newspaper for $25.5 million. The sale follows a move by Torstar last spring to close its Hamilton printing and mailroom operations. Torstar said last year that if the property was sold it expected the Spectator will continue to operate a head office in a new location in the Hamilton area. Torstar holds an investment in The Canadian Press as part of a joint agreement with subsidiaries of the Globe and Mail and Montreal’s La Presse. This report by The Canadian Press was first published Feb. 3, 2020.

Source: thestar February 03, 2020 13:51 UTC