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Article: Media General Sells New York Newspaper Group
- Article from:
- PR Newswire
- Article date:
- March 19, 1997
CopyrightCOPYRIGHT 1997 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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RICHMOND, Va., March 19 /PRNewswire/ -- Media General (AMEX: MEG.A) today announced the completion of its sale of a group of ten daily and weekly newspapers in and around Hudson and Ogdensburg, N.Y., to the Johnson Newspaper Corp., for approximately $8.8 million.
"With this sale to Johnson Newspapers," said J. Stewart Bryan III, chairman and chief executive officer of Media General, "We have fulfilled our commitment to dispose of all the Park newspapers and television stations outside the southeastern United States. The proceeds from this sale and the others will provide us the ability to invest efficiently within our core region in additional media ...
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