David Montgomery Eyes French Regional Newspapers

By: Georgina Prodhan and Gwenaelle Barzic | Reuters

British tabloid veteran David Montgomery is eyeing a return to the newspaper business via a restructuring of heavily indebted southern French regional newspaper group Groupe Hersant Media, he said on Tuesday.

Montgomery, a former editor of Rupert Murdoch’s News of the World and until recently chief executive of European newspaper group Mecom, said he was in talks with Hersant’s creditor banks and would reach a deal by year end if at all.

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