The Beacon Journal used only 82 words to announce that Black Press Ltd. is the new owner. The item appeared under the regular standing head, Bottomline, on the business section front on Tuesday, August 2.
Black Press Ltd.
now owns BJ
The Beacon Journal is now a Black Press Ltd. publication.
The $165 million sale of the Beacon Journal from McClatchy Co. to Black Press Ltd. of Canada closed as expected Tuesday.
California-based McClatchy acqured the paper after buying Knight-Ridder Inc. in June. McClatchy held on to 20 of Knight Ridder's newspapers in what it said are growing markets and sold the Beacon Journal and 11 others.
The paper will opeate under a Black Press Washington-based U.S. subsidiary, Sound Publishing Holdings Inc.
(Jim Crutchfield is still listed as publisher)
This blogger's 10-year-old HP comuter did not take kindly to the news. This item is being posted via a Dell computer at the Firestone Branch of Akron Public Library after a hard-drive crash.
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1 comment:
Black Ltd of Canada also owns the BJ retirees, which is us. We'll have to wait to see what they do to us, and how much of what we have now will remain.
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