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Article: The Thomson Corporation To Sell Southern Alberta Newspapers To Horizon Publications Inc.; Lethbridge Herald & Medicine Hat News are Latest Papers to be Sold; Three Canadian Dailies Remain for Sale.
- Article from:
- Business Wire
- Article date:
- September 6, 2000
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Business/Newspaper Editors
TORONTO, ONTARIO--(BUSINESS WIRE)--Sept. 6, 2000
The Thomson Corporation (TSE:TOC) announced today that it has signed a letter of intent to sell its Southern Alberta newspaper holdings, including two Canadian dailies, to Horizon Publications Inc. for an undisclosed amount.
Under this agreement, Thomson will sell the Lethbridge Herald and the Medicine Hat News - with a combined daily circulation of 35,500 - and their ancillary operations to Horizon Publications. Thomson expects the sale to be completed during the fourth quarter.
Richard J. Harrington, President and Chief Executive Officer of The Thomson ...