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Alpha Newspaper Group:
Purchase of the Newry Democrat
LK Shields Solicitors acted for its long-standing client, the
Alpha Newspaper Group, in connection with the purchase of the Newry
Democrat from TCH Democrat Media Limited, a member of the Thomas
Crosbie Holdings Group.
The Newry Democrat is a weekly local newspaper which is
circulated predominantly in Newry and the surrounding area.
The Alpha Newspaper Group is the largest weekly newspaper group
in Northern Ireland and the Irish Midlands with a readership of
425,000 for paid-for newspapers and 120,000 for free-newspapers.
Titles in the Alpha Newspaper Group include the Ulster Gazette,
The Leader, the Antrim Guardian, the Midland Tribune
and the Tullamore Tribune. The acquisition of the Newry Democrat
is an important addition to its Northern Irish regional newspaper
portfolio.
The transaction was notified to the Competition Authority under
the Competition Acts 2002 to 2010 as a "media merger". It was examined
by the Authority and was cleared on 3 November 2010.
Emmet
Scully, Partner and Head of the Business
Department, led the transaction along with Marco
Hickey, Partner and Head of the EU,
Competition and Regulated Markets Unit, who dealt with the Competition
Authority notification. Aoife
Nic Lochlainn, Associate Solicitor, provided assistance.
November 2010.
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