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Postmedia enters agreement to buy SaltWire chain of newspapers

  • Postmedia Network Inc. Announced plans to buy businesses from SaltWire Network Inc. And The Halifax Herald Ltd., both insolvent companies in Atlantic Canada’s newspaper chain.
  • Postmedia aims to complete the acquisition by Aug. 26, pending satisfactory outcomes with unionized workers.
  • Andrew MacLeod stated the acquisition aligns with Postmedia’s commitment to local journalism, providing necessary resources for reliable news in affected communities.
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  • 63% of the sources lean Left
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