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TTC Company To Invest Heavily In Texas Newspapers?

The Texas Toll Party’s Sal Costello’s blog has brought this story to my attention about an Austrailian company purchasing a chain of newspapers that has many Texas publications.

Sal notes that Macquaire Media Groupe is a subsidiary of Macquarie Bank a and Cintra-Macquarie partner. Cintra, of course, is one of the companies involved in the Trans Texas Corridor. Many of the papers include papers that have included content critical of the TTC.

The sale isn’t final yet and is subject to FTC approval. But, it poses some interesting questions.

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Filed Under: Scandals & Such

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  1. PDiddie says:

    Is ACM the firm that bought out the Thomson newspapers in Texas and Oklahoma, Vince?

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