May 30 (Reuters) - Transcontinental Inc TCLa.TO
* Transcontinental Inc. divesting assets in Saskatchewan
* Sale of local newspapers is effective immediately
* Closure of Saskatoon printing plant will result in loss of
approximately 30 full time positions when transition period is
complete
* Transaction includes sale of its 13 local newspapers and
associated web properties
* Printing plant will remain in operation for a transition
period, after which it will close
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