The owner of the Akron Beacon Journal will become the new owner of the free daily San Francisco Examiner.
Black Press Group, based in Canada, is purchasing the Examiner from Clarity Media Group, a Denver-based holding company owned by billionaire Philip Anschutz. Black Press and Clarity Media are privately owned companies.
The deal is expected to close by Nov. 30. Terms were not disclosed.
“We are delighted to become involved with such a strong newspaper,” David Black, president and owner of Black Press, said in a statement. “Readership is second to none in San Francisco and on the peninsula.”
Read the rest of the story in today’s Beacon Journal.
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