"Israel Today" buys "Ma'ariv" print house

Israel Today

The move is a mortal blow to "Haaretz" which has printed Sheldon Adelson's newspaper for tens of millions of shekels annually.

"Israel Today" is buying the "Ma'ariv" print house in Bat Yam, which formerly served the newspaper. The freesheet, which is also believed to have bought the land from Amos Maiman, also plans to move its editorial and management offices to Bat Yam.

The acquisition is reportedly being made for NIS 80 million.

The move is a mortal blow to "Haaretz" which until now had printed Sheldon Adelson's newspaper for tens of millions of shekels annually.

Maiman acquired the printing house from the "Ma'ariv" trustees for NIS 65 million.

Published by Globes [online], Israel business news - www.globes-online.com - on December 15, 2013

© Copyright of Globes Publisher Itonut (1983) Ltd. 2013

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