M&A Deal Summary

Boone Newspapers Acquires The Valley Times-News

On October 4, 2017, Boone Newspapers acquired publishing company The Valley Times-News from Valley Community Newspapers

Acquisition Highlights
  • This is Boone Newspapers’ 3rd transaction in the Publishing sector.
  • This is Boone Newspapers’ 3rd transaction in the United States.
  • This is Boone Newspapers’ 1st transaction in Alabama.

M&A Deal Summary
Date 2017-10-04
Target The Valley Times-News
Sector Publishing
Buyer(s) Boone Newspapers
Sellers(s) Valley Community Newspapers
Deal Type Divestiture

Target

The Valley Times-News

Lanett, Alabama, United States
website
The Valley Times-News is a newspaper that is published and mailed complimentary to households throughout West Point, Ga., Lanett and Valley, Ala. from its office in West Point.

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Buyer(S) 1

Buyer

Boone Newspapers

Natchez, Mississippi, United States

website

Category Company
Sector Publishing
DESCRIPTION

Boone Newspapers, Inc. owns and/or manages newspapers and free shopping guides in 30 communities in Alabama, Georgia, Michigan, Minnesota, Mississippi, Virginia, North Carolina and Ohio.

DEAL STATS #
Overall 3 of 4
Sector (Publishing) 3 of 4
Type (Divestiture) 3 of 4
State (Alabama) 1 of 1
Country (United States) 3 of 4
Year (2017) 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-09-11 Middlesboro Daily News

Middlesboro, Kentucky, United States

The Middlesboro Daily News was first printed in 1911. The newspaper is published five times a week, Tuesday through Saturday, except on major holidays. Office hours are Monday through Friday from 8 a.m. until 4:30 p.m. The city of Middlesboro sits just inside the Cumberland Gap, along U.S. 25E, and is believed to have been built inside a meteorite crater.

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FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-11-03 The Stanly News & Press

Albemarle, North Carolina, United States

The Stanly News & Press is a community newspaper published each Tuesday, Thursday and Sunday in Albemarle, North Carolina. The SNAP, as it is commonly known, covers news, sports, features and events regarding residents and employees within and natives of Stanly County.

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Seller(S) 1

SELLER

Valley Community Newspapers

Sacramento, California, United States

website

Category Company
Sector Publishing
DESCRIPTION

Valley Community Newspapers, Inc. publishers of the Arden-Carmichael News, the East Sacramento News, The Land Park News, The Pocket News, The Valley Shopper and California Kids, is a high-quality, family-owned community newspaper group committed to providing truly local content to our readers and a targeted platform for our advertisers.

DEAL STATS #
Overall 1 of 1
Sector (Publishing) 1 of 1
Type (Divestiture) 1 of 1
State (Alabama) 1 of 1
Country (United States) 1 of 1
Year (2017) 1 of 1
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