Transcontinental Inc. Receives Clearance from the Competition Bureau to Acquire the Sun Media Weekly Newspapers in Quebec

Transcontinental Inc. Receives Clearance from the Competition Bureau to Acquire 
the Sun Media Weekly Newspapers in Quebec 
FOR: Transcontinental Inc. 
MAY 28, 2014 
Transcontinental Inc. Receives Clearance from the Competition Bureau to Acquire
the Sun Media Weekly Newspapers in Quebec 
MONTREAL, QUEBEC--(Marketwired - May 28, 2014) - Transcontinental Inc.
(TSX:TCL.A)(TSX:TCL.B)(TSX:TCL.PR.D) announced today that it has received
clearance from the Competition Bureau to acquire the 74 weekly newspapers owned
by Sun Media Corporation in Quebec and their related Web properties, a
transaction announced on December 5, 2013. Under the terms of the agreement
with the Competition Bureau, the Corporation must put up for sale, for a 60-day
period, 34 of the 154 weekly newspapers in its portfolio, including some that
are part of the transaction with Sun Media. Most of the weekly newspapers being
put up for sale were launched in recent years. 
The sale process has been placed in the hands of a third party, Mallette LLP, a
professional chartered accountant firm, who will be acting totally
independently of Transcontinental Inc.  
The following is the list of weekly newspapers being put up for sale, in
alphabetical order. 
Transcontinental Inc. (TC Media) - 12 weekly newspapers                     
Abitibi Express - Rouyn-Noranda, Rouyn-Noranda                              
Abitibi Express - Val d'Or, Val-d'Or                                        
Chambly Express, Chambly                                                    
Chateauguay Express, Chateauguay                                            
Courrier du Saguenay, including its regional editions: Courrier du Fjord,   
Courrier de Jonquiere and Courrier de Chicoutimi                            
Edition Beauce Nord, Sainte-Marie                                           
Point de vue Laurentides, Mont-Tremblant                                    
Rive-Sud Express, Longueuil                                                 
Roussillon Express, La Prairie                                              
Sorel-Tracy Express, Sorel-Tracy                                            
Vallee du Richelieu Express, Mont-Saint-Hilaire                             
Valleyfield Express, Valleyfield                                             
Sun Media - 22 weekly newspapers                                            
Agri-Vallee, Valleyfield                                                    
La Voix de la Matanie, Matane                                               
La Voix Gaspesienne, Matane                                                 
L'Echo de Laval, Laval                                                      
L'Echo de la Rive-Nord, Sainte-Therese                                      
L'Echo de Repentigny, Repentigny                                            
L'Echo de Saint-Jean-sur-Richelieu, Saint-Jean-sur-Richelieu                
L'Echo de Shawinigan, Shawinigan                                            
L'Echo de Trois-Rivieres, Trois-Rivieres                                    
L'Echo de Victoriaville, Victoriaville                                      
L'Echo du Nord, Saint-Jerome                                                
Le Courrier du Fleuve, Rimouski                                             
Le Journal de Joliette, Joliette                                            
Le Journal de Magog, Magog                                                  
Le Journal de Saint-Hubert, Saint-Hubert                                    
Le Point du Lac-Saint-Jean, Saint-Felicien                                  
Le Progres Echo, Rimouski                                                   
Le Reveil, Saguenay                                                         
Le Rimouskois, Rimouski                                                     
Le Riverain, Sainte-Anne-des-Monts                                          
L'Impact de Drummondville, Drummondville                                    
Pub Extra Magazine, Laval-Laurentides                                        
Conclusion of transaction 
Over the next few days, in conjunction with the sale of weekly newspapers, Sun
Media and Transcontinental Inc. will finalize their transaction. During this
period, the Sun Media weekly newspapers will remain the property of Sun Media.
Once the transaction has been completed, Transcontinental Inc. will become the
owner of all acquired Sun Media weekly newspapers, including those put up for
Once the sale period has expired, Transcontinental Inc. will review its
portfolio in order to ensure the sustainability of the weekly press in Quebec,
by continuing to offer relevant local information on a multitude of platforms,
in all the regions of the province where it is present.  
"We are pleased with this decision, which allows us to close the
transaction and combine the strengths of both companies," said Francois
Olivier, President and Chief Executive Officer of Transcontinental Inc.
"We are enthusiastic that we will soon be able to welcome the employees of
the Sun Media weekly newspapers in Quebec. Despite having to put some weekly
newspapers up for sale, this transaction will add about $20 million to the
operating earnings before amortization of Transcontinental Inc. and further
advance the local multiplatform offering for businesses and communities." 
About TC Transcontinental  
Largest printer and a leading provider of media and marketing activation
solutions in Canada, TC Transcontinental creates products and services that
allow businesses to attract, reach and retain their target customers. The
Corporation specializes in print and digital media, the production of
magazines, newspapers, books and custom content, mass and personalized
marketing, interactive and mobile applications, door-to-door distribution, and
also manufactures a range of flexible packaging products in the United States.  
Transcontinental Inc. (TSX:TCL.A)(TSX:TCL.B)(TSX:TCL.PR.D), including TC
Transcontinental, TC Media, TC Transcontinental Printing and TC
Transcontinental Packaging, has over 9,000 employees in Canada and the United
States, and revenues of C$2.1 billion in 2013. 
Media: Nathalie St-Jean
Senior Advisor, Corporate Communications
TC Transcontinental
514-954-3581 /
Financial Community: Jennifer F. McCaughey
Senior Director, Investor Relations and
External Corporate Communications
TC Transcontinental
INDUSTRY:  Computers and Software - Internet, Media and Entertainment - Books
and Publishing 
-0- May/28/2014 13:11 GMT
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