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Cox, Thomson and Hollinger complete exchanges of newspapers

December 18, 1996

ATLANTA (AP) _ Cox Newspapers Inc., Thomson Newspapers and Hollinger International Inc. have completed an exchange of 16 newspapers.

The trades, first announced in August and November, were completed Monday.

Thomson, based in Stamford, Conn., assumes ownership of Cox Newspapers Inc.’s daily Tribune newspapers serving Mesa, Tempe, Chandler, Gilbert and Scottsdale in the Phoenix area, plus The Yuma Daily Sun in southwestern Arizona.

The suburban Tribune Newspapers have a combined circulation of more than 100,000.

Cox, meanwhile, takes over two of Thomson’s North Carolina dailies: The Daily Advance in Elizabeth City, and Rocky Mount Telegram. The agreement also gives Cox cash and other considerations the companies didn’t specify.

Under the agreement, Hollinger received Thomson’s Register-News of Mt. Vernon, Ill., News & Eagle of Enid, Okla., and The Herald-Palladium of St. Joseph, Mich.

Cox gained Hollinger’s News Messenger of Marshall, Texas. A deal involving Hollinger’s The Daily Southerner, Tarboro, N.C., was not completed.

Karen Wittmer, president and CEO of Thomson’s Tri-State Strategic Marketing Group, a Pittsburgh-based organization that publishes four daily newspapers, was named chief operating officer and publisher of Thomson’s new Arizona properties. She succeeds Sandy Schwartz, who will become executive vice president and general manager of Cox’s Austin (Texas) American Statesman.

Belinda Gaudet, vice president and general manager of Cox Arizona Publications, will become publisher of the Daily Advance in North Carolina.

Thomson Newspapers is a main operating unit of The Thomson Corp. of Toronto, Canada, publishing more than 100 dailies and numerous non-dailies in Canada and the United States.

Cox, owner of more than 40 newspapers, is a subsidiary of Cox Enterprises Inc., a major media company based in Atlanta that is also a leader in cable television and radio.

Hollinger International is a leading publisher of newspapers in the United States, Britain, Australia, Canada and Israel and owns or has interest in 400 non-daily newspapers as well as magazines and other publications.

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