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Torstar Corporation: Torstar Announces Completion of Sale of Vaughan Printing Facility & Surrounding Lands

TORONTO, ON--(Marketwired - September 26, 2016) - Torstar Corporation (TSX:TS.B) announced today that it has completed the sale of the land and buildings in Vaughan that were previously used to operate the Toronto Star printing facility for a purchase price of $54,250,000.

ABOUT TORSTAR CORPORATION

Torstar Corporation is a broadly based media company listed on the Toronto Stock Exchange (TS.B). Its businesses include the Star Media Group led by the Toronto Star, Canada's largest daily newspaper and Free Daily News Group Inc., which publishes the English-language Metro newspapers in several Canadian cities; Metroland Media Group, publisher of community and daily newspapers in Ontario; and also include digital properties including thestar.com, Toronto Star Touch, Workopolis, wagjag.com, toronto.com, save.ca and eyeReturn Marketing Inc. It also holds a majority interest in VerticalScope, a North American vertically-focused digital media company.

Torstar's news releases are available on the Internet at www.torstar.com.