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Trinity Mirror Believed To Be Discussing Local World Purchase
- Press Gazette, Friday, March 27, 2015 6:47 AM
Trinity Mirror is understood to be in negotiations to buy David Montgomery’s regional newspaper group Local World, according to industry sources. The Daily Mirror owner paid £14.2m in November 2012 to acquire a 20 percent stake in Local World when the group was created in 2012 through the merger of Daily Mail & General Trust’s (DMGT’s) regional newspapers and the regional titles of Iliffe News & Media, which owns the Cambridge News.
