M&A Deal Summary

BH Media Group Acquires Media General Newspapers

On May 17, 2012, BH Media Group acquired media company Media General Newspapers from Media General for 142M USD

Acquisition Highlights
  • This is BH Media Group’s 1st transaction in the Media sector.
  • This is BH Media Group’s largest (disclosed) transaction.
  • This is BH Media Group’s 1st transaction in the United States.

M&A Deal Summary
Date 2012-05-17
Target Media General Newspapers
Sector Media
Buyer(s) BH Media Group
Sellers(s) Media General
Deal Type Divestiture
Deal Value 142M USD

Target

Media General Newspapers

United States
Media General Newspapers provides 63 daily and weekly titles.These newspapers are great institutions and powerful brands in their respective markets.

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Buyer(S) 1

Buyer

BH Media Group

Omaha, Nebraska, United States

website

Category Company
Sector Publishing
DESCRIPTION

BH Media Group operates 69 newspapers and other titles It is a provider of news, information and entertainment news across print and digital platforms.

DEAL STATS #
Overall 1 of 2
Sector (Media) 1 of 1
Type (Divestiture) 1 of 1
Country (United States) 1 of 2
Year (2012) 1 of 1
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-28 World Marketing

Milwaukee, Wisconsin, United States

World Marketing specializes in developing integrated direct marketing programs that deliver measurable results for clients nationwide. From strategic program development, list selection and programming to creative, production, mailing and fulfillment, WMI offers an innovative, one-stop resource for targeted marketing and direct mail programs that deliver on every dollar.

Sell -

Seller(S) 1

SELLER

Media General

Richmond, Virginia, United States

website

Category Company
Founded 1850
Sector Media
Employees5,400
Revenue 1.3B USD (2015)
DESCRIPTION

Media General is a provider of news, information and entertainment across broadcast television, digital media and mobile platforms, serving consumers and advertisers in strong local markets. The company's broadcast operations include 31 network-affiliated television stations and their associated digital and mobile media services. Media General's network affiliations include 12 CBS stations, 9 NBC, 7 ABC, and one each for FOX, CW and MNT.

DEAL STATS #
Overall 3 of 7
Sector (Media) 2 of 5
Type (Divestiture) 3 of 7
Country (United States) 3 of 7
Year (2012) 1 of 2
Size (of disclosed) 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-09-01 Virginia Business

Richmond, Virginia, United States

Virginia Business is a statewide business publication company providing monthly insights to Virginia businesses and government leaders.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-10-08 Tampa Media Group

Largo, Florida, United States

Tampa Media Group, Inc. publishes the The Tampa Tribune, a daily newspaper that was originally established in 1895 and that serves the Tampa Bay/St. Petersburg market.

Sell $10M
Mergr

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