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Company Statement: The New York Times Company agrees to sell its Regional Media Group to Halifax Media Holdings

( December 27, 2011, 15:20 GMT | Official Statement) -- MLex Summary: The New York Times Company has agreed to sell its Regional Media Group, consisting of 16 regional newspapers, other print publications and related businesses, to Halifax Media Holdings for $143 million.The transaction is expected to close in the first quarter.Statement appears in full as follows:...

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