Champion to Sell Herald-Dispatch for $10 Million

Like & Share E&P:
RSS
Follow by Email
Facebook
Facebook
Google+
http://www.editorandpublisher.com/news/champion-to-sell-herald-dispatch-for-10-million/">
LinkedIn

By: Jim Ross | The State Journal

Champion Industries of Huntington has reached an agreement to sell the city’s daily newspaper to a son of the company’s CEO for about 13 percent of what Champion paid for it six years ago.

And other assets of the company may be ready for sale, too.

According to a document filed with the Securities and Exchange Commission late last week, Champion entered into a letter of intent on June 18 “to sell substantially all of the assets of its operating division known as The Herald-Dispatch, composing the newspaper segment” to Douglas Reynolds.

Comments:

Your email address will not be published. Required fields are marked *

Editor & Publisher App: Android Phone

Enjoy everything in the Print edition in an
easy-to-read, easy-to-navigate format
designed exclusively to fit your Android device

Click below to download
and install the Android app.

CLOSE

Editor & Publisher App: Android Tablet

Enjoy everything in the Print edition in an
easy-to-read, easy-to-navigate format
designed exclusively to fit your Android tablet

Click below to download
and install the Android app.

CLOSE

Editor & Publisher App: iPad

Enjoy everything in the Print edition in an
easy-to-read, easy-to-navigate format
designed exclusively to fit your iPad

Click below to download
and install the App.

CLOSE

Editor & Publisher App: iPhone

Enjoy everything in the Print edition in an
easy-to-read, easy-to-navigate format
designed exclusively to fit your iPhone device

Click below to download
and install the iPhone app.

CLOSE