Hartford (CT) Courant to Acquire ReminderNews Publications
Posted: 3/26/2014 | By: Press Release | Dirks, Van Essen & Murray
The Hartford Courant has reached an agreement to acquire Reminder Media Inc., publisher of 15 free weekly ReminderNews publications in eastern and northern Connecticut.
Dirks, Van Essen & Murray, a merger and acquisition firm based in Santa Fe, New Mexico represented ReminderNews in the sale. Financial terms were not disclosed.
The sale, which would become final in April, also includes four annual community directories titled Reminder Gold Pages; Reminder Homes, a monthly publication on properties for sale; and the weekly Reminder AutoMarket.
The 15 ReminderNews weeklies are in Colchester, East Hartford, Enfield, Glastonbury, Hebron/Columbia, Jewett City, Killingly/Plainfield, Manchester, Putnam, South Windsor, Stafford, Vernon, Windham/Mansfield, Windsor and Windsor Locks.
"The acquisition of ReminderMedia is a natural extension of our current portfolio," Courant Publisher Nancy Meyer said in a written statement. "As we celebrate our 250th anniversary as the nation's oldest, continuously published newspaper, it reinforces our commitment to reporting and delivering local news in Connecticut."
Ken Hovland Jr., owner of ReminderMedia, said in a statement: "We are confident that The Courant will maintain and grow what we have worked to build over the last 60 years. We would like to thank our loyal customers, readers and employees, as it has been a pleasure and an honor to have had the opportunity to serve and work with all of you over these many years."
For more information contact Phil Murray at Dirks, Van Essen & Murray at 505-820-2700.