Update: Thomson Sells Remainder of U.S. Newspapers
Updated from 11:58 a.m. EDT
Canadian publishing concern Thomson has reached a deal to sell the last of its U.S. newspaper holdings, announcing Friday that it has agreed to unload two Ohio daily papers and 10 non-dailies to closely held Cox Newspapers for an undisclosed amount.
With the announcement earlier this week of the sale of its Connecticut newspaper operations to MediaNews Group, Thomson has agreed to sell all of its U.S. newspaper operations, consisting of 49 dailies and their ancillary operations, for $2.44 billion.
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