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San Fran Chronicle in Trouble
MONTREAL—The announcement that Hearst Publishing may seek a buyer for its troubled San Francisco Chronicle, which could face closure, has to be a bit disconcerting for Transcontinental Inc. The two parties previously signed an agreement that sees the Chronicle’s printing outsourced to Transcontinental, which is slated to begin printing the paper in a specially built plant later this year. Transcontinental said the preparation of its facility in San Francisco continues as scheduled, with print production on track for the June startup.
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