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Deal to sell LI community papers called off

Tuesday February 12, 2013 1:01 PM By Lisa Du

A deal to sell several Long Island community newspapers owned by Queens-based Tribco Llc to a Washington D.C. investment firm has been called off, Tribco confirmed Tuesday.

The purchase of all of Tribco's assets -- which consists of several small publications in the region -- by Phoenix Financial Holdings was announced Jan. 2. The terms of the deal were not disclosed, and sometime in the month...

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