Finland's top media group Sanoma buys No 2 daily in $125 million deal

(Reuters) - Finnish media group Sanoma Oyj is buying rival Alma Media's regional news media business in a 115-million-euro deal (£96.86 million), it said on Tuesday, putting the country's two largest daily newspapers in the hands of the same owner.Shares in both companies jumped to eight-year highs on the news at the market opening, with Alma up 8.4% and Sanoma rising 7.6%, as Sanoma said the deal would result in cost savings and boost its digital media business.This highly synergistic..