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Digital First Media To Pay $52M For 2 Newspapers

(AP) — An attorney for Digital First Media says it will pay $52 million for the Orange County Register and another newspaper in Southern California.

A federal bankruptcy judge on Monday approved the sale of the Register and the Press-Enterprise of Riverside.

Digital First Media attorney Kathryn Coleman confirmed the purchase price after the court hearing.

Freedom Communications decided to sell the newspapers to Digital First after a judge blocked a higher bid by the owner of the Los Angeles Times, citing antitrust concerns.

Digital First owns the Los Angeles Daily News and eight other daily newspapers in the greater Los Angeles area.

Freedom filed for bankruptcy protection in November. It followed a series of layoffs and buyouts after an aggressive expansion of print journalism.

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