Gujarati newspaper Saurashtra Samachar acquired by Dainik Bhaskar Group

From Business Standard

Dainik Bhaskar Group, which earlier created a stir by launching its Gujarati daily Divya Bhaskar, seems to be in an acquisition mood. In a Rs 7-crore (Rs 70-million) deal, the group has picked up 90 per cent stake in one of the oldest vernacular dailies in Gujarat, Saurashtra Samachar. Dainik Bhaskar will use the new acquisition to launch Divya Bhaskar's latest edition from highly competitive Rajkot city, hub of Saurashtra region.

Click Here to read the full article.