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December 7, 2007

Globespan bought

By Press Gazette

Trinity Mirror has bought online property business Globespan Media in a deal that could be worth up to £6m. Globespan publishes Homesoverseas.co.uk and Showhouse.co.uk and their related magazines, as well as What House online. It also owns the What House Awards. Trinity Mirror paid £900,000 for the company and will pay up to an extra £5m, depending on how the business performs in the next two-and-a-half years.

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