The Greensheet, which has been published in Houston for 48 years, has entered into a preliminary agreement to be sold to McElvy Media Group. The transaction is targeted to close Sept. 1.MORE
The Star-Journal Publishing Corp. of Pueblo, Colo., has reached an agreement to sell The Pueblo Chieftain newspaper to GateHouse Media, one of the largest publishers of locally based media in the United States.
Dirks, Van Essen & Murray, a media merger and acquisition firm based in Santa Fe, N.M., represented the Rawlings family in the transaction. Terms of the sale were not disclosed.MORE
The Wenatchee (Wash.) World, which has been published by the Woods family for 111 years, has been sold to Wick Communications, a third-generation family-owned and operated media corporation, of Sierra Vista, Ariz.MORE
AIM Media Midwest, LLC has acquired the publishing assets of The Sentinel Company, Inc. of Bowling Green, Ohio. The publication and affiliated website included in the transaction are the daily Sentinel-Tribune serving Bowling Green and surrounding Wood County, www.sent-trib.com and a variety of other specialty and periodic publications.MORE
The Ottawa (Ill.) Times has been sold to Shaw Media of Crystal Lake, Ill., according to Len R. Small, president of Small Newspapers. The Times serves both Ottawa and Streator, Ill., publishing a newspaper five days a week. The asset sale includes related operations, including Starved Rock County Magazine, a regional travel publication.
Dirks, Van Essen & Murray, a media merger and acquisition firm based in Santa Fe, N.M., represented the Small Newspaper Group in the transaction.MORE
HD Media, publisher of the Huntington (W.Va.) Herald-Dispatch, has been approved as the successful bidder to acquire the Charleston (W.Va.) Gazette-Mail.MORE
The Byrd family, owners of daily newspapers in Winchester and Harrisonburg, Va., has reached an agreement to sell its publications to Ogden Newspapers, a family-owned newspaper group with 43 daily newspapers published in 16 states.MORE
New Media Investment Group Inc., one of the largest publishers of locally based print and online media in the United States as measured by number of publications, announced today that it has agreed to acquire the Austin American-Statesman and its niche publications and companion websites from Cox Media Group, LLC for $47.5 million.MORE
Paxton Media Group has purchased The Daily Herald of Roanoke Rapids, N.C., from Wick Communications.
Dirks, Van Essen & Murray, a media merger and acquisition firm based in Santa Fe, N.M., represented Wick Communications in the transaction. Terms of the transaction were not disclosed.MORE
The newspaper industry saw its busiest transaction year in nearly two decades with 31 separate deals involving daily newspapers in 2017, according to Dirks, Van Essen & Murray.
Phil Murray, senior vice president, said the activity was driven by two factors.MORE