Johnston Press to merge with Trinity Mirror?

Posted by Patrick Smith on 2 July 2008 at 12:25
Tags: Regional Newspapers

It may be a radical step, but some in the City are talking of a merger between two of the country’s biggest press companies, Johnston Press and Trinity Mirror, to counteract tough market conditions, the Independent reports.

ABN Amro said yesterday: “These are desperate times and they call for desperate measures: we believe a Trinity/Johnston combination makes sense.” Shareholders and management of hard-pressed companies would, ABN said, “will press for industry consolidation”.

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