By: E&P Staff Lee Enterprises has sold the Daily Chronicle in DeKalb, Ill., to Shaw Newspapers.
Terms of the deal were not disclosed.
Lee acquired the Daily Chronicle in 2005 as part of its purchase of Pulitzer Inc.
Shaw Newspapers President and CEO Tom Shaw said the Dixon, Ill.-based chain has had a long-standing interest in the DeKalb daily.
"We have courted them for more than a decade," he said in a statement. "We are so pleased today to be welcoming DeKalb to our family of dynamic, community-based, multi-media enterprises."
The Daily Chronicle will become part of Shaw Suburban Media, headquartered in Crystal Lake. The group includes two other daily newspapers, the Northwest Herald in Crystal Lake and Kane County Chronicle in Geneva; two weekly groups, Lake County Journals and Weekly Journals; a bilingual weekly, a monthly business journal and several online sites.
John Pfeifer, who has been publisher of the Daily Chronicle since September 2006, has been appointed publisher of Chronicle News Group, which will include operations in DeKalb and Geneva, Shaw said.
"The addition of Northern Illinois Publishing is a terrific addition to Shaw Newspapers and Shaw Suburban Media," said John Rung, chief operating officer of Shaw Suburban Media and publisher of the Northwest Herald. "In the greater Chicago area, we will now have a significant footprint in Lake, McHenry, Kane and DeKalb counties."
In a statement, Lee Chairman and CEO Mary Junck said "the Daily Chronicle and its employees will benefit from becoming part of a strong media company focused on the region, which in turn will ultimately benefit readers, online users and advertisers."
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