Times Co. Negotiating to Sell Regional Newspapers

Posted Tuesday, December 20, 2011 12:55 am

By: Amy Chozick | New York Times

The New York Times Company, which last week announced that its chief executive would depart at the end of the year, is close to selling its regional newspapers to the Halifax Media Group, the company announced Monday.

The Times Company’s Regional Media Group consists of 16 newspapers and related Web sites in places like Tuscaloosa, Ala., and Petaluma, Calif. Combined, the local papers have a Monday-to-Friday circulation of 433,251 and 1,755 full-time employees.

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Times Co. Negotiating to Sell Regional Newspapers

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