By: E&P Staff
Fluvanna News Partnership LLC has purchased Valley Publishing Corp., a community newspaper group located in Palmyra County, Virginia, it was announced Monday.
Included in the sale are the Fluvanna Review, OC Magazine, Louisa Life, Scottsville Monthly and the Buckingham Beacon.
Eric T. Allen, who owned and operated Valley Publishing Corp. will remain as a consultant to the new company.
Terms of the deal, brokered by David Slavin, senior associate of W.B. Grimes & Co., were not disclosed.
Carlos Santos, a long-time reporter for the Richmond Times-Dispatch who is one of the partners in Fluvanna News, was named publisher of the newspaper group.
“We’re looking forward to making our publications the best community newspapers in Virginia,” Santos said in the sales announcement. “We want to take good publications and make them even better. We want these papers, which have a long history in the region, to become an even more integral part of the area and its thriving business community.”