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Published: Friday, 1/28/2011

EWTN plans purchase of Catholic newspaper

IRONDALE, Ala. — EWTN Global Catholic Network, the world's largest Catholic media network, has signed a letter of intent to acquire the 83-year-old National Catholic Register newspaper.

Under the agreement, no cash will be exchanged between the parties. EWTN will take over the ongoing operational expenses of the Register and will assume the paper's future subscription liabilities.



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