Donrey Group Sells 28 Newspapers
FORT SMITH, Ark. (AP) _ The Donrey Media Group has announced it is selling 28 newspapers in eight states to Community Newspaper Holdings Inc. of Birmingham, Ala.
A purchase price was not disclosed. The sale is subject to regulatory approval and is expected to close by Sept. 1.
``I applaud the efforts of the staffs at all of these newspapers and will be sad to leave many of the classic markets we have served over the years,″ Donrey Media Group president Emmett Jones said Thursday.
The transaction leaves Donrey with 25 newspapers, one television station and nine outdoor advertising companies. Community Newspaper Holdings, founded in 1997 by former Thomson Newspapers executive Ralph Martin, will have 124 papers when the sale is final.
``Adding community papers the caliber and quality of these Donrey newspapers is an important step in the continuing evolution of CNHI,″ Martin said.
The newspapers involved include:
_In Indiana: The Washington Times-Herald.
_In Iowa: Clinton Herald, Oskaloosa Herald.
_In Kentucky: Glasgow Daily Times.
_In Mississippi: Picayune Item, The Poplarville Democrat.
_In Missouri: Moberly Monitor-Index.
_In New Mexico: Alamogordo Daily News.
_In Oklahoma: The Altus Times; Blackwell Journal-Tribune; Chickasha Daily Express; The Claremore Daily Progress; Durant Daily Democrat; Frederick Leader; Guymon Daily Herald; Henryetta Daily Free-Lance; The Norman Transcript; Okmulgee Daily Times; Pauls Valley Daily Democrat.
_In Texas: Athens Daily Review; Borger News-Herald; Cedar Creek Pilot, Gun Barrel City; Times-Review, Cleburne; Gainesville Daily Register; Jacksonville Daily Progress; Kilgore News Herald; Sweetwater Reporter; The Weatherford Democrat.