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The Guardian - UK
The Guardian - UK
Business
Roy Greenslade

Australian group buys up US local papers

The Australian-based Macquarie Media Group has acquired 23 US community newspapers having bought 40 such titles a few months ago. It paid £40m to buy up the Superior Publishing Corporation that publishes 19 midwest papers and the Grove Sun Newspaper Company that publishes four papers in Oklahoma. Managing director Alex Harvey said: "Our focus is on the hyper-local market where... there is potential for nice growth in circulation." (Via Follow the Media)

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