Johnston Press Buys Scotsman for [Gbp]160m

The HeraldDecember 20, 2005

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Summary


JOHNSTON Press, the regional newspaper publisher which for the past year has been rampaging along the acquisition trail, yesterday bought the Scotsman newspaper group for [GBP]160m from the billionaire Barclay brothers.

The agreement includes the Scotsman, Scotland on Sunday and Edinburgh Evening News newspapers, as well as the Scotsman website and the Edinburgh Herald & Post free weekly paper.

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Extract


Johnston Press Buys Scotsman for [Gbp]160m

A source close to the deal said the Barclays, who own the Ritz Hotel in London and last year bought the Daily and Sunday Telegraph newspapers, agr...

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