Journal Register Company Agrees to Sell Rhode Island Newspapers
Business Wire, January 29, 2007
Journal Register Company today announced that it has signed a definitive agreement to sell its three daily community newspapers and its weekly newspaper group in Rhode Island to R.I.S.N. Operations Inc. for $7.6 million in cash, subject to working capital adjustments. The transaction is expected to close in the first quarter of 2007 and is subject to customary closing conditions.
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