PAPERS:
Backe Group Inc. agreed to acquire Atlantic Publications Inc., which has 30 community papers and annual sales of $ 7 million.
Terms were n't disclosed.
Backe is a closely held 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 % in the new concern.
NTG was formed by Osborn Communications Corp. and Desai Capital.