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Canada’s Postmedia buys Sun Media newspapers

By Rob Gillies
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TORONTO (AP) — Canadian newspaper publisher Postmedia Network Canada Corp. announced Monday that it is buying 175 newspapers and publications in a major consolidation of print media in Canada.

It is paying 316 million Canadian dollars ($283 million) to Quebecor Media Inc. for Sun Media Corp.’s English-language operations. That includes the Sun chain of daily newspapers in Toronto, Ottawa and Calgary and Sun’s digital platforms.

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