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The Guardian - UK
The Guardian - UK
Business
Roy Greenslade

Murdoch ready to sell off papers

Rupert Murdoch may offload the Ottaway group of papers he picked up with his acquisition of Dow Jones. The company said a sale of some or all of the eight daily and 15 weekly community newspapers, located in seven states, is under consideration. The Ottaway division contributed $179m (£86.5m) of Dow Jones' revenue during the first nine months of this year, close to 12% of the total. (Via Follow the Media)

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