BRIEF-Transcontinental to divest assets in Saskatchewan

Mon May 30, 2016 12:38pm EDT
 
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May 30 (Reuters) - Transcontinental Inc

* Transcontinental Inc. divesting assets in Saskatchewan

* Sale of local newspapers is effective immediately

* Closure of Saskatoon printing plant will result in loss of approximately 30 full time positions when transition period is complete

* Transaction includes sale of its 13 local newspapers and associated web properties

* Printing plant will remain in operation for a transition period, after which it will close Source text for Eikon: Further company coverage: