New Zealand Media Group Stuff to be Sold to Chief Executive Sinead Boucher for NZ$1

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A staff ownership model and a charter for editorial independence are among the plans for New Zealand’s largest journalism publisher, after Stuff’s chief executive bought the business from its Australian parent company for a single dollar.

Sinead Boucher, a former journalist and editor with Stuff announced on Monday that she had acquired the business, which had long been subject to takeover speculation, from Nine Entertainment.

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