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Dow Jones puts Ottaway up for sale

Discussion in 'Journalism topics only' started by goalmouth, Nov 28, 2007.

  1. goalmouth

    goalmouth Well-Known Member

    [http://www.btobonline.com/apps/pbcs.dll/article?AID=/20071128/FREE/71128001[/url]

    Dow Jones & Co., publisher of The Wall Street Journal, said Tuesday that it is exploring strategic alternatives for its Ottaway group of community newspapers, including a possible sale.
    The decision was made just ahead of the close of News Corp.’s $5.6 billion acquisition of Dow Jones, which is expected next month.

    Ottaway operates eight daily and 15 weekly community newspapers in seven states. The newspapers include: Ashland Daily Tidings in Ashland, Ore.; Cape Cod Times in Hyannis, Mass.; Inquirer and Mirror in Nantucket, Mass.; Medford Mail Tribune in Medford, Ore.; Pocono Record in Stroudsburg, Pa.; Portsmouth Herald in Portsmouth, N.H.; The Record in Stockton, Calif.; Standard-Times in New Bedford, Mass.; and Times Herald-Record in Middletown, N.Y.
     
  2. STLIrish

    STLIrish Active Member

    No big surprise. But it blows for what have been some pretty good papers. Can only hope Gatehouse doesn't get 'em. Or CNHI.
     
  3. wickedwritah

    wickedwritah Guest

    I feel for the friend of mine who was hired at an Ottaway paper that got flipped pretty quickly to CNHI. Poor bastard.
     
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