Herald purchase

Thomas Crosbie Holdings, owner of the Cork-based Irish Examiner and The Sunday Business Post, has acquired the Roscommon Herald, writes Des Cryan.

Its acquisition by TCH brings this group’s newspaper ownership to 14 titles, including The Irish Post. The purchase price has not been disclosed, but in the words of its owner Brian Nerney: “It’s enough for a good night out.” The paper has been valued at between €7m and €8m [£4.7 and £5.3m].”

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