Richner Communications Completes Deal for L&M Publications & Assumes Ownership
Posted: 8/11/2013 | By: Press Release
Clifford and Stuart Richner of Garden City-based Richner Communications in New York acquired the Bellmore Life, Merrick Life, Freeport-Baldwin Leader and Wantagh-Seaford Citizen weekly newspapers from Linda Toscano and Paul Laursen.
Both Richner Communications and L&M Publications are privately held companies, and terms of the sale were not disclosed. Kevin Kamen, President/CEO of Uniondale, N.Y.-based Kamen & Co. Group Services, a media valuation and brokerage firm, negotiated the deal.