Tuesday, September 13, 2016

Brazil's Globo buys out partner in Valor Econômico newspaper

SAO PAULO, Sept 13 (Reuters) - Grupo Globo SA, Latin

America's largest media conglomerate, agreed on Tuesday to buy

out the stake that partner Grupo Folha had in Valor Econômico

newspaper for an undisclosed sum, just as a harsh recession hits

the nation's largest publishing firms.

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