Boston Herald: CNHI newspapers to be sold

Alabama-based news-gathering conglomerate Raycom Media announced today it is selling or spinning off Community Newspaper Holdings, Inc. (CNHI), whose stable of newspapers north of Boston includes the Pulitzer Prize-winning Eagle-Tribune in North Andover, the Salem News, The Gloucester Daily Times and The Daily News of Newburyport.

The move is a result of Raycom’s pending acquisition by Georgia-based Gray Television, Inc., for $3.647 billion.

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