Business [1]: Competition regulators warned of local paper closures if Kent Messenger bid for rival publisher was blocked [2]
Posted by editor on Nov 04, 2011 - 04:50 AM
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It has
emerged that Ofcom warned competition regulators that blocking KM
Group's bid to buy seven Kent local newspapers could mean titles
closing. |
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Local newspaper titles including the Folkestone Herald and Dover Express
were on the KM wish list.
The Guardian wrote that blocking KM Group's attempt to buy seven Kent local
newspapers from rival Northcliffe Media would likely lead to both
publishers closing titles or even going out of business.
The KM
Group pulled out of the deal after a decision to refer the bid to the
competition regulators.
Read the full story in the
Guardian [4]
Hawkinge Gazette and Channel Coast
News 2011©

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