M&A Deal Summary

Ogden Newspapers Acquires Loudoun Times-Mirror

On July 11, 2018, Ogden Newspapers acquired publishing company Loudoun Times-Mirror

Acquisition Highlights
  • This is Ogden Newspapers’ 1st transaction in the Publishing sector.
  • This is Ogden Newspapers’ 1st transaction in the United States.
  • This is Ogden Newspapers’ 1st transaction in Virginia.

M&A Deal Summary

Date 2018-07-11
Target Loudoun Times-Mirror
Sector Publishing
Buyer(s) Ogden Newspapers
Deal Type Add-on Acquisition

Target

Loudoun Times-Mirror

Leesburg, Virginia, United States
The Loudoun Times-Mirror is steeped in two centuries of local newspapering in one of the fastest growing counties in America. Family-owned and operated, Arthur “Nick” Arundel purchased the paper in 1963. His son, Peter, now owns the media company, comprised of a web site, lifestyle magazine, business magazine and dozens of special publications and community events.

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Buyer(S) 1

Buyer

Ogden Newspapers

Wheeling, West Virginia, United States

Category Company
Founded 1890
Sector Publishing
DESCRIPTION

Ogden Newspapers, Inc. launch of the Wheeling News, Ogden Newspapers has since grown to over 40 daily newspapers, along with a number of weeklies and a magazine division stretching from New York to Hawaii. Throughout that time, the company has been committed to excellence in journalism through service and leadership in their communities. Newspapering has changed over time – long gone are the days of hot lead typesetting and linotype machines – but our core values as a company have not. We believe local newspapers should not only report the news of the day, but also tell the stories of their communities, and of the people who live there. We take writing the first draft of history seriously.


DEAL STATS #
Overall 1 of 1
Sector: Publishing M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Virginia M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2018 M&A 1 of 1