THOMSON SELLS MORE PAPERS
By Adnews Staff
Toronto-based Hollinger Inc. is buying 19 newspapers from Thomson Corp. The deal includes 17 Ontario papers and two in Saskatchewan. Hollinger already publishes 550 newspapers throughout the world, including 91 in Canada. The deal will close Sept. 30, and is subject to approval by the Competition Bureau. Separately, Thomson sold two newspapers to Southwestern Ontario Publishing Ltd., a chain of 10 newspapers based in Tillsonburg. Thomson put 21 newspapers up for sale in May because it wants to expand into computer databases and electronic news services.
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