Thursday, December 17, 2009

Guardian media latest

As I blogged earlier this morning,the Telegraph's story of the Scott Trust divesting itself of Guardian regional media seems to have satisfied the old adage that there is no smoke without fire

In a statement late this morning,the group said

”In line with its remit, GMG keeps its portfolio under review on an ongoing basis. There have been some exploratory talks regarding our regional media business.
“However, these are at a very early stage and it is not clear whether they will progress or what the outcome is likely to be.”

Whether those talks are with Trinity Mirror,it seems too early to tell

Watch this space

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