Britain's Reach pulls out of talks to buy certain JPI Media assets

(Reuters) - British media company Reach Plc on Friday said it was no longer in active talks to buy some assets of The Yorkshire Post publisher JPI Media, and that it was confident of meeting its full-year estimates.Reach, which publishes the Daily Mirror, had said in July that it was in early stages of discussions to buy certain assets of JPI.JPI Media, formerly known as Johnston Press, was acquired by its bondholders last year after it filed for bankruptcy protection.Newsquest, the publisher..