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Owner of Scotsman and Yorkshire Post newspapers bought for £10m

JPL Media announces sale to new publishing group National World for knockdown price

The media company that owns famous newspapers such as the Scotsman and Yorkshire Post has been sold for just £10m, in a sign of the collapsing value of regional papers.

JPI Media announced on Thursday it had been sold to a recently formed publishing group called National World, owned by the former Daily Mirror executive David Montgomery.

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