Source: Benzinga

L'avant-poste: Groupe Lexis Média inc. acquires three more TC Media publications: L'Avantage votre journal, L'Avantage Gaspésien and L'Avant-Poste

Transcontinental Inc.'s (TSX:TCL) (TSX:TCL) Media Sector, TC Media, announces today the sale of three more of its local newspapers, as well as their related web properties, to Groupe Lexis Média inc., a company of which Mr. Frédéric Couture is President. In total, 26 employees of the various publications and 1 employee from TC Media's Production team are transferred to Groupe Lexis Média inc. TC Transcontinental also concluded a multi-year agreement for the printing and distribution of all of these titles

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