Freedom Communications Explores Sale of More Newspapers

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By: Russell Adams | Wall Street Journal

Freedom Communications Inc. is exploring the sale of most of its 24 daily newspapers, in what would be the latest step toward dismantling the onetime newspaper-and-television powerhouse.

The Irvine, Calif., company has been negotiating with several prospective buyers of its newspapers in Florida, North Carolina, Texas and other states, people familiar with the matter said. It was unclear whether the Orange County Register, Freedom’s best-known newspaper, was the subject of discussions.

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