Get a demo Do I subscribe? News sign-up
Print

Trinity Mirrors Finds New Owner for Racing Post

News, 02 October 2007


LONDON: The UK's biggest newspaper publisher, Trinity Mirror Group, has sold off its sports division, including racing daily Racing Post, to a group of Irish investors in a £170 million ($346.8m; €243.6m) deal.

The move is part of an ongoing process by Trinity to shed assets and focus on its national titles, web operations and some regional titles, as it strives to offset slides in advertising revenue.

The company has, however, abandoned plans to sell its local newspapers in the Midlands and South-East as the offers failed to match expectations.

Data sourced from Telegraph.co.uk; additional content by WARC staff