<br />
J O U R N A L I S M W E E K LY<br />
www.pressgazette.co.uk 21 June 2012<br />
Nationals<br />
MD can't rule out<br />
sale of Northcliffe<br />
BY ANDREW PUGH<br />
PIC: REUTERS<br />
Northcliffe Media managing director<br />
Steve Auckland has told staff he cannot<br />
rule out the business being sold by parent<br />
company Daily Mail General Trust.<br />
His comments once again could<br />
fuel speculation over the future of the<br />
company, which recently returned to<br />
profit growth for the first time since the<br />
recession struck.<br />
In November, the company reportedly<br />
appointed Ernst & Young to value<br />
Northcliffe ahead of a potential sale<br />
after its value fell from £1.5bn to around<br />
£150m in the space of five years.<br />
Press Gazette understands that<br />
Auckland told staff: “I cannot say that<br />
we will or will not be sold in the near<br />
future. We are working in an uncertain<br />
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