Capital Newspapers has hit back at Media24’s claim that it had rejected a counter-offer by Caxton for its media logistics business and four soon-to-be-closed newspaper titles because it was concerned about the group’s possible dominance in SA’s printing and publishing landscape.
The Naspers-owned media group is selling its media logistics business, On the Dot, and its community newspaper portfolio to Novus Holdings subject to regulatory approvals. Caxton made a competing offer for the assets...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.