MediaNews Buys ‘Santa Cruz Sentinel’

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MediaNews Group has acquired the Santa Cruz Sentinel from Community Newspaper Holdings. MediaNews, with 56 daily publications, says the California Newspapers Partnership — which is majority-owned by MediaNews — acquired the Sentinel.

MediaNews funded its share of the purchase through a revolving credit agreement.

Dean Singleton, MediaNews’ chief executive officer, says the Santa Cruz newspaper will bolster the company’s reach in California.

MediaNews already owns the Oakland Tribune and seven other Bay Area newspapers.

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