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Capital could be soldPublished 01/03/08
Landmark Communications Inc., parent of Capital-Gazette Newspapers, has hired national investment firms to explore selling the Norfolk-based company, including The Capital and its sister publications.
"I can confirm that Landmark Communications has retained investment banks JPMorgan and Lehman Brothers to assist in exploring strategic alternatives, including the possible sale of the company's businesses," said Richard F. Barry III, vice chairman of the company.
If a sale goes through, it would be the second change of ownership in less than a year for Capital-Gazette Newspapers. Landmark...
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