TC Media acquires Sun Media’s community papers in Quebec

TC Media, a division of TC Transcontinental, and Sun Media Corporation, a subsidiary of Quebecor Media, announce that they have signed a final agreement under which the 74 Sun Media community papers and associated web properties in Quebec will be acquired by TC Media for an amount of $75 million. The agreement has been approved by the boards of directors of both companies, but is subject to regulatory approval from, among others, the Competition Bureau.

As part of this transaction, TC Transcontinental has also signed a parallel agreement with Quebecor Media to print some of its magazines and direct marketing materials.

"Acquiring Sun Media's 74 community papers in Quebec is in line with our strategy to strengthen the core assets of TC Media and develop a local digital media offering for businesses and communities," said François Olivier, President and CEO of TC Transcontinental.

Source: TC Transcontinental

List of the 74 community papersacquired by TC Media:

Le Citoyen de la Vallée de l’Or
Val-d’Or, Amos

Le Citoyen de l’Harricana
Val-d’Or, Amos

Le Citoyen Rouyn Noranda
Rouyn-Noranda

Le Citoyen Abitibi Ouest
Rouyn-Noranda

Éclaireur Progrès
Saint-Georges

Hebdo Régional
Saint-Georges

Beauce Media
Sainte Marie

Les Actualités d’Asbestos
Asbestos

Le Plein Jour de Baie Comeau
Baie-Comeau

Le Port-Cartois
Port Cartier

Le Nord Est
Sept-Îles

Le Saint-Laurent Portage
Rivière-du-Loup

Le Mirabel
Saint-Jérôme

L’Information du Nord - Mont Tremblant
Tremblant

L’Information du Nord - Ste-Agathe
Sainte-Agathe

L’Information du Nord - Vallée de la rouge
L’Annonciation

L’Écho de la lièvre
Mont-Laurier

Le Peuple Lotbinière
Laurier Station

Le Peuple Lévis
Lévis / Montmagny

Courrier du Sud
Longueuil

Le Journal de Sherbrooke
Sherbrooke

L’Oeil Régional
Beloeil

La Seigneurie
Boucherville

Le Journal de Chambly
Chambly

Le Soleil de Salaberry-de-Valleyfield
Valleyfield

Le Reflet
Delson

Le Journal de St-Bruno
St-Bruno

Le Soleil du Samedi
Châteauguay

Le Soleil du Mercredi
Châteauguay

L’Information Ste-Julie
Ste-Julie

Le