New York Times (NYT) Affirms Being in Talks to Sell Regional Media Group

The New York Times Company (NYSE: NYT) announced today that it is in advanced discussions to sell its Regional Media Group, consisting of 16 regional newspapers, other print publications and related businesses, to Halifax Media Holdings LLC.

The Regional Media Group comprises the following publications:

• Sarasota Herald-Tribune in Sarasota, Fla.;
  
• The Press Democrat in Santa Rosa, Calif.;
  
• The Ledger in Lakeland, Fla.;
  
• Star-News in Wilmington, N.C.;
  
• Herald-Journal in Spartanburg, S.C.;
  
• Star-Banner in Ocala, Fla.;
  
• The Gainesville Sun in Gainesville, Fla.;
  
• The Tuscaloosa News in Tuscaloosa, Ala.;
  
• The Gadsden Times in Gadsden, Ala.;
  
• The Courier in Houma, La.;
  
• Times-News in Hendersonville, N.C.;
  
• Daily Comet in Thibodaux, La.;
  
• The Dispatch in Lexington, N.C.;
  
• Petaluma Argus-Courier in Petaluma, Calif.;
  
• News Chief in Winter Haven, Fla.; and
  
• North Bay Business Journal in Santa Rosa, Calif.

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