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September 16, 2008

Sir Ray bucks the trend to buy three more weeklies

By Patrick

It may be tin hat time for regional newspaper companies but that hasn’t stopped newspaper proprietor Sir Ray Tindle from adding to his local newspaper empire with three more purchases, as the FT reports.

This time Tindle has bought the Leigh and Westcliff Times, the Canvey Island and Benfleet Times and the thew Rayleigh and Eastwood Times.

Those websites probably don’t give a comprehensive flavour of the papers’ content so it will be interesting to see if they get some online investment, which Tindle’s recently-purchased London papers have seen.

Tindle told Jon Slattery in April just why it is he keeps on investing – and making money from – print.

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