M&A Deal Summary

Boone Newspapers Acquires The Stanly News & Press

On November 3, 2017, Boone Newspapers acquired publishing company The Stanly News & Press from Community Newspaper Holdings

Acquisition Highlights
  • This is Boone Newspapers’ 4th transaction in the Publishing sector.
  • This is Boone Newspapers’ 4th transaction in the United States.
  • This is Boone Newspapers’ 1st transaction in North Carolina.

M&A Deal Summary
Date 2017-11-03
Target The Stanly News & Press
Sector Publishing
Buyer(s) Boone Newspapers
Sellers(s) Community Newspaper Holdings
Deal Type Divestiture

Target

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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Buyer(S) 1

Buyer

Boone Newspapers

Natchez, Mississippi, United States
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 4 of 4
Sector (Publishing) 4 of 4
Type (Divestiture) 4 of 4
State (North Carolina) 1 of 1
Country (United States) 4 of 4
Year (2017) 4 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2017-10-04 The Valley Times-News

Lanett, Alabama, United States

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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Seller(S) 1

SELLER

Community Newspaper Holdings

Montgomery, Alabama, United States
Category Company
Founded 1997
Sector Publishing
DESCRIPTION

Community Newspaper Holdings, Inc. own and operate quality media enterprises that offer growth potential and add value to company. CNHI publishes local news and information for communities in the United States.

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