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Trinity Mirror sells Southern titles
19/07/2007
Trinity Mirror plc has announced today that it has agreed to sell Berkshire Regional Newspapers, which forms part of its regional business in London and the South East, for £10m in cash representing a multiple of 1x 2006 revenues.
The business, comprising 14 titles, which includes the Reading Chronicle series, is being acquired by Berkshire Media Group Ltd, a subsidiary of The Dunfermline Press Ltd.
Trinity Mirror was advised by Rothschild in connection with this sale.
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