Pioneer sell­ing papers, print fa­cil­i­ties

Newspapers & Technology Magazine - - Indystry Mergers & Acquisitions -

Seat­tle-based Pioneer News Group is sell­ing its me­dia di­vi­sion as­sets to fam­ily-owned Adams Pub­lish­ing Group, based in Min­neapo­lis. The sale will in­clude 22 daily and weekly news­pa­pers in Wash­ing­ton, Ore­gon, Idaho, Mon­tana and Utah along with news­pa­per and com­mer­cial print fa­cil­i­ties, var­i­ous shop­pers and web­sites. The sale is ex­pected to be fi­nal­ized Nov. 1. Terms were not dis­closed. Cribb, Greene & Cope rep­re­sented Pioneer News Group in the trans­ac­tion.

Pioneer news­pa­pers in the sale in­clude The El­lens­burg Daily Record, The Kla­math Falls Her­ald and News, The Lake County Ex­am­iner, The Kla­math Falls Nickel, The Sk­agit Val­ley Her­ald, The Ana­cortes Amer­i­can, The Burling­ton Argus, The Se­droWool­ley Courier-Times, The Stan­wood Ca­mano News, The Lo­gan Her­ald Jour­nal, The Tre­mon­ton Leader, The Boze­man Daily Chronicle, The Bel­grade News, The Idaho Press Tri­bune, The Idaho State Jour­nal, The Kuna Melba News, The Merid­ian Press, The Em­mett Mes­sen­ger In­dex, The Mont­pe­lier News-Ex­am­iner, The Pre­ston Cit­i­zen, The Rexburg Stan­dard Jour­nal and The Te­ton Val­ley News.

"We're very ex­cited to wel­come the Pioneer group of com­mu­nity news­pa­pers, com­mer­cial print fa­cil­i­ties, and other print and dig­i­tal prod­ucts and ser­vices to APG. We're es­pe­cially pleased to wel­come Pioneer's over 500 ded­i­cated as­so­ciates to our com­mu­nity news­pa­per group," said Steve Adams of the Adams Pub­lish­ing Group.

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