Jim Pattison Group buys Comag newsstand distribution firm from Hearst and Condé Nast

Two of the pillars of U.S. magazine publishing, Hearst and Condé Nast, have exited the magazine distribution business and sold their share(s) in Comag Marketing Group (CMG) to the Jim Pattison Group (JPG)of Vancouver. It should have a major impact on the single copy sales and marketing business.
JPG is a privately owned BC-based conglomerate which owns the News Group, North America's largest