Monday, May 11, 2009

Metro sells off U.S. papers

Metro International S.A. said it will sell its U.S. papers to a company run by former Metro executive Pelle Tornberg.
The sale includes Metro editions in New York and Philadelphia as well as Boston Metro, which is published through a partnership with The Boston Globe. The three papers have a combined circulation of almost 600,000 copies.
No financial details were disclosed.

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