Stephens Media LLC to be Sold to New Media Investment Group

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By: Howard Stutz | Las Vegas Review-Journal

TheLas Vegas Review-Journal will join one of the nation’s largest publishing companies following the sale of its parent company, Stephens Media LLC, to New Media Investment Group of New York for $102.5 million in cash.

The purchase agreement announced Thursday includes eight daily newspapers and 65 weekly publications in seven states.

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