Biz-Community (Cape Town)

South Africa: Independent Newspapers Up for Sale

Independent News and Media (INM), the country's largest newspaper group, is up for sale, Business Day reported today, Thursday 12 July 2012.

The news, which broke yesterday, ignited a flurry of speculation about politically connected buyers lining up to bid for the group.

Newspapers owned by the group include The Star, Cape Times and Sunday Independent.

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