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SOLD: NY Times sells Hendersonville Times-News to Halifax Media Holdings

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Hendersonville Times-News reports:
The New York Times Co. announced Tuesday that it had reached an agreement to sell the company's Regional Media Group, including the Times-News, to Halifax Media Holdings of Daytona Beach, Fla., for $143 million in cash. ...

Times-News Publisher Ned Cowan said the change of ownership will present the newspaper with continuing opportunities to serve readers in Western North Carolina. ...Read the full article

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