Knight Ridder Buys Fort Worth Paper

Posted Thursday, August 19, 2004 12:00 am

By: E&P Staff Knight Ridder announced today the acquisition of The Messenger, a bi-weekly tabloid distributed in Flower Mound, Texas, a flourishing community between Dallas and Fort Worth. The Messenger is mailed to about 28,500 households. Knight Ridder will up the frequency to a weekly.

The purchase is part of Knight Ridder's ongoing plans to obtain more non-dailies in local markets where it operates traditional papers (Knight Ridder owns the Fort Worth Star-Telegram). "Acquisition of The Messenger increases both our depth and the options we offer advertisers in one of the important suburban areas of Fort Worth," said Steve Rossi, president of Knight Ridder's Newspaper Division, in a statement.

Terms of the transaction were not disclosed.

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Knight Ridder Buys Fort Worth Paper

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