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The announcement came as the company reported pre-tax profits of £72.7m for 2009, exceeding analysts expectations.In November 2015, Trinity Mirror purchased Local World, a major stakeholder in local news titles, from DMGT.
It also set aside a further £8m to cover both the cost of settling future phone hacking compensation payments to victims yet to come forward and the associated legal expenses.As part of this business purchasing strategy they eventually acquired the Daily Mirror group, and as this was a major national title, the company renamed itself as "Trinity Mirror." During 2005 the company introduced a number of measures to manage discretionary spending more carefully, some of which attracted press attention. Media and S&B Media divisions of the Guardian Media Group, containing 22 local titles across Northern England and in Surrey and Berkshire; this includes the Manchester Evening News and Reading Evening Post.In February 2010, Trinity Mirror acquired the regional M. In March 2010, Trinity Mirror stated that it will end its bout of staff cuts and newspaper closures.In a shrewd move, the LDPE created a new "holding" company, based in Chester, moving from Old Hall Street in LIverpool where the LDPE was based.Effectively Trinity Holdings devolved from the LDPE and by distancing itself from its Liverpool flagships it made a statement of ambition and intent.
As of September 2014, a further 19 claims were registered at the High Court and another 10 claimants had indicated they would bring proceedings against Trinity Mirror.