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Trinity Mirror needs big boost from Northern & Shell

Trinity Mirror needs big boost from Northern & Shell

Trinity Mirror’s (TNI) acquisition of the Daily Express (and other titles in the publishing wing of Richard Desmond’s group, Northern & Shell) has been given the green light by investors. It has the finances in place – following the listing of 25.8m new shares – and the deal is expected to be approved by competition regulators given the starkly contrasting political views at the flagship titles (the Daily Mirror is pro-Labour, while the Daily Express backs hard-right Brexiteers). But the biggest test is yet to come: will readers pick up the new publications fast enough to deliver a return to earnings growth at the struggling newspaper group?

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