M&A Deal Summary

Home News Enterprises Acquires Freedom Communications - Tribune

On January 12, 2012, Home News Enterprises acquired publishing company Freedom Communications - Tribune from Freedom Communications

Acquisition Highlights
  • This is Home News Enterprises’ 1st transaction in the Publishing sector.
  • This is Home News Enterprises’ 1st transaction in the United States.
  • This is Home News Enterprises’ 1st transaction in Indiana.

M&A Deal Summary

Date 2012-01-12
Target Freedom Communications - Tribune
Sector Publishing
Buyer(s) Home News Enterprises
Sellers(s) Freedom Communications
Deal Type Divestiture

Target

Freedom Communications - Tribune

Seymour, Indiana, United States
Freedom Communications - Tribune is a 6,800-circulation community newspaper.

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Buyer(S) 1

Buyer

Home News Enterprises

Columbus, Indiana, United States

website


Category Company
Founded 1872
Sector Publishing
DESCRIPTION

Home News Enterprises LLC is a provider of newspaper and commercial printing business.


DEAL STATS #
Overall 1 of 1
Sector (Publishing) 1 of 1
Type (Divestiture) 1 of 1
State (Indiana) 1 of 1
Country (United States) 1 of 1
Year (2012) 1 of 1

Seller(S) 1

SELLER

Freedom Communications

Santa Ana, California, United States

website


Category Company
Founded 1950
Sector Publishing
DESCRIPTION

Freedom Communications, Inc. is a diversified media company that primarily publishes community newspapers and metropolitan area newspapers and operates broadcast television stations. Freedom owns 28 daily newspapers and 38 weekly newspapers in 11 states with a combined circulation of 1.2 million and 8 broadcast television stations in 7 states. It is the 13th largest newspaper publisher by circulation and one of the largest independent television broadcasters in the U.S.


DEAL STATS #
Overall 2 of 3
Sector (Publishing) 1 of 2
Type (Divestiture) 2 of 3
State (Indiana) 1 of 1
Country (United States) 2 of 2
Year (2012) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-02 Freedom Communications - Broadcast Properties

United States

Freedom Communications - Broadcast Properties is a provider of communication services.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-01-31 Freedom Communications - News Journal

Canada

Freedom Communications - News Journal is a provider of publishing services.

Sell -