Transcontinental Acquires Two Canadian Papers

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By: E&P Staff

Transcontinental Media has agreed to purchase Radville Star Management, publisher of the Radville Star and The Deep South Star in Southern Saskatchewan, Canada.

?This transaction complements our latest acquisition, The Triangle News in Coronach, very well,? said Rob Clark, group publisher for Saskatchewan newspapers, in a statement. ?With four well-established papers in the area, including our daily, The Moose Jaw Times Herald, we are building a strong editorial presence in Southern Saskatchewan, and now have great advertising solutions to offer our clients who want an opportunity to expand their reach.”

Including this deal, Transcontinental owns 165 community publications in Canada. Terms of the transaction were not disclosed.

The owners of Radville Star Management, George Hay and Suzanne Bourassa said in a statement, ?We are sure our readers and advertisers will appreciate the added value of links to Transcontinental Media?s vast product and service offering.?

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