Reuters - Guardian Publisher Ends Talks of Trader Media Group
The publisher of Britain's Guardian and Observer newspapers has ended talks on selling its stake in Trader Media Group because the price offered fell short of expectations, the Financial Times said on Thursday. Trader Media Group, which owns the Auto Trader classified cars sales website and magazine, is a joint venture between Guardian Media Group and private venture company Apax, and its profits help offset operating losses at GMG's newspapers.
24 January 2013•1 min read
