M&A Deal Summary

Scripps Acquires The Gleaner

On October 5, 2000, Scripps acquired publishing company The Gleaner from Belo

Acquisition Highlights
  • This is Scripps’ 2nd transaction in the Publishing sector.
  • This is Scripps’ 2nd transaction in the United States.
  • This is Scripps’ 1st transaction in Kentucky.

M&A Deal Summary
Date 2000-10-05
Target The Gleaner
Sector Publishing
Buyer(s) Scripps
Sellers(s) Belo
Deal Type Divestiture

Target

The Gleaner

Henderson,, Kentucky, United States
The Gleaner is a daily newspaper, published Tuesday through Sunday, with a circulation of about 11,000 daily and 13,000 on Sundays.

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Buyer(S) 1

Buyer

Scripps

Cincinnati, Ohio, United States
Category Company
Founded 1878
Sector Media
Employees5,200
Revenue 2.3B USD (2023)
DESCRIPTION

Scripps is a diverse media concern with interests in national lifestyle television networks, newspaper publishing, broadcast television, television retailing, interactive media and licensing and syndication. All of the company’s media businesses provide content and advertising services via the Internet. Scripps was founded in 1878 and is based in Cincinnati, Ohio.

DEAL STATS #
Overall 2 of 18
Sector (Publishing) 2 of 2
Type (Divestiture) 2 of 10
State (Kentucky) 1 of 1
Country (United States) 2 of 17
Year (2000) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2000-08-09 Marco Island Eagle

Naples, Florida, United States

Marco Island Eagle is a weekly newspaper with a circulation of about 10,000.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-10-24 Shop At Home Television Network

Burnsville,, Minnesota, United States

Shop At Home Network, LLC provides old and new coins and precious metals, utility knives, watches, and sports memorabilia online.

Buy $50M

Seller(S) 1

SELLER

Belo

Dallas, Texas, United States
Category Company
Founded 1842
Sector Media
Employees2,465
DESCRIPTION

Our success starts with journalism that has a direct impact on people's lives. With a rich heritage of journalistic achievement. Belo Corp. a television coompany.

DEAL STATS #
Overall 1 of 1
Sector (Publishing) 1 of 1
Type (Divestiture) 1 of 1
State (Kentucky) 1 of 1
Country (United States) 1 of 1
Year (2000) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1997-01-01 The Gleaner

Henderson,, Kentucky, United States

The Gleaner is a daily newspaper, published Tuesday through Sunday, with a circulation of about 11,000 daily and 13,000 on Sundays.

Buy -
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