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Friday, April 07, 2006

Copley studies purchase of BJ

Copley Ohio Newspapers, which publishes the Canton Repository and other area newspapers, is researching the possibility of purchasing the Beacon Journal.

David Greenfield, president of Copley Ohio Newspapers, said Wednesday that the company is analyzing the situation, according to a story by Gloria Irwin on the business section front ot the BJ today.

``We remain interested and we're trying to discern the value that the Beacon Journal might have'' to Copley, he said.

``Copley is interested in the long-term potential of this acquisition both for protecting our existing Ohio franchises and for the potential to improve the business and improve service to our customers,'' Greenfield said.

Other Copley newspapers in Ohio are the Massillon Independent, the New Philadelphia Times-Reporter and the Suburbanite weekly in southern Summit County. The parent company, The Copley Press Inc., is based in La Jolla, Calif., and also publishes newspapers in Illinois and California. The company was founded in Illinois by Ira Clifton Copley.

Advance Publications, the parent company of the Plain Dealer in Cleveland, isn't saying whether it too is pursuing a purchase of the Beacon Journal.

Click on the headline to read Irwiln's story.

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