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PAPERS: Backe Group Inc. agreed to acquire Atlantic Publications Inc., which has 30 community papers and annual sales of $7 million.
Terms weren't disclosed.
Backe is a closely held media firm run by former CBS Inc. President John Backe. 

TV: Price Communications Corp. completed the sale of four of its TV stations to NTG Inc. for $120 million in cash and notes, retaining a 10% equity stake in the new concern.
NTG was formed by Osborn Communications Corp. and Desai Capital. 

