Postmedia to acquire certain businesses and assets of Saltwire Network.

Postmedia, a media conglomerate, agreed to acquire certain businesses and assets of Saltwire Network, a newspaper publishing company. Financial terms were not disclosed. “If the transaction can be completed, Postmedia intends to provide the necessary back office resources and operational infrastructure to ensure there continues to be reliable and high-quality local news provided to the affected communities,” Andrew MacLeod, Postmedia President and CEO.