Press Release

Morgan Lewis Advises NYT on Sale of Regional Media Group

December 28, 2011

NEW YORK, December 28, 2011: The New York Times Company (NYSE: NYT) has entered into an agreement to sell its Regional Media Group, consisting of 16 regional newspapers, other print publications and related businesses, to Halifax Media Holdings LLC for $143 million in cash, subject to certain adjustments.

The deal team, which was led by Business & Finance partner Rob Dickey, and included partner Howard Kenny, along with associates Etienne Shanon and Eleanor Tai.

For more information about the transaction, please see the company's press release.