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BRIEF-Transcontinental Inc divesting media assets in Atlantic Canada
April 13, 2017 / 12:22 PM / 5 months ago

BRIEF-Transcontinental Inc divesting media assets in Atlantic Canada

April 13 (Reuters) - Transcontinental Inc

* Transcontinental Inc divesting media assets in Atlantic Canada

* Transcontinental - announced sale of publication portfolio in Nova Scotia, Prince Edward Island, Newfoundland and Labrador, New Brunswick to Saltwire Network

* Transcontinental - approximately 650 TC media employees in Atlantic Canada are part of transaction and will receive an offer from Saltwire Network Inc

* Transcontinental - Transcontinental remains owner of two plants, which are Transcontinental Halifax and Transcontinental Prince Edward Island

* Transcontinental - deal includes sale of 28 brands and web-related properties, four printing plants operated within its media sector Source text for Eikon: Further company coverage:

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