Journal Inc. buys group of weekly newspapers
by Associated Press
Published: November 28,2011
Tags: media, mergers and acquisitions, NEWS, newspapers, publishing
TUPELO — Journal Inc., which publishes the Northeast Mississippi Daily Journal in Tupelo, has acquired a group of weekly community newspapers in the suburban Memphis, Tenn., area.
The company reports details of the transaction were not disclosed.
Clay Foster, CEO of Journal Inc., says the company acquired the Bartlett Express, Millington Star, Collierville Independent, Shelby Sun Times, Oakland News and Classified Advantage. Foster says the company also will produce The BlueJacket for the Millington Naval Base.
Foster says Journal Inc. will now publish 20 publications in Mississippi and Tennessee.
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November 28th, 2011 at 8:37 pm
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