In a statement this morning it said: “The Board of Trinity Mirror plc notes the recent media speculation and confirms that it is at an early stage of discussions towards taking a minority interest in a new company comprising certain of Northern & Shell’s assets.
“No offer has been made and there is no certainty that any agreement will be reached.
A further announcement will be made if and when appropriate.”
> Daily Business Comment: Speculation about a deal has rumbled on for some months and to some this tie-up would appear to be an “unholy trinity”, bringing together titles from opposing ends of the political spectrum.
However, this could also be the start of wider media consolidation against a backdrop of plummeting sales and circulations.