Compass Media, owned by local lawyer James Bergstrom, is in talks to acquire parts of Hurley’s Media Ltd., says Compass Media publisher Kathleen Capetta in a statement.

The statement says the talks are “at an advanced stage but remain subject to approval by OfReg”.

The release goes on to say, “(Compass Media) has recently undergone a major transformation into a modern, multi-media company that includes the weekly Cayman Compass newspaper and its website caymancompass.com. There are also regular live-streamed programmes, including The Resh Hour current affairs talk show, and roundtable debates aired through the Compass social media channels.”