Press-Telegram, Gazettes Parent Company Digital First Media Considering Sale of All or Part of Its Holdings

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Press-Telegram, Gazettes Parent Company Digital First Media Considering Sale of All or Part of Its Holdings

Digital First Media (DFM), parent company to the Long Beach Press-Telegram, the Downtown Gazette and the Grunion Gazette announced today that its Board of Directors has initiated a process to "evaluate and consider strategic alternatives for the Company’s business," namely, the sale of all or part of the company's holdings.