WEHCO Media announces acquisition

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WEHCO Media has acquired Stephens Media's 50 percent interest in Northwest Arkansas Newspapers LLC, created in 2009. 

WEHCO Media owns the Arkansas Democrat-Gazette and eight other daily newspapers in Arkansas and bordering states.

In March of 2015, Stephens Media sold its eight daily newspapers and more than 65 weekly and niche publications to New Media Investment Group, Inc.  Stephens Media, at the time of the sale to New Media, retained its 50 percent interest in the Northwest Arkansas Newspapers LLC.

"We have enjoyed a wonderful working relationship and productive partnership with Stephens Media," said Nat Lea, president and chief operating officer of WEHCO Media.  "We remain committed to publishing a superior newspaper in Northwest Arkansas and will miss Stephens Media's input."  Lea further stated, "No changes are planned for the Northwest Arkansas Newspapers operation as a result of this transaction."

"WEHCO Media has been a tremendous partner for us in Northwest Arkansas.  We look forward to following WEHCO Media's continued success," said Warren A. Stephens, chairman, president and chief executive officer of Stephens Inc.

WEHCO Media, Stephens Media, Northwest Arkansas Newspapers, Lea, Stephens
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