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Media M&A image Media M&A » By The Online Investor Staff, updated Thu., May. 9, 9:44 AM Recent mergers and acquisitions in the Media M&A category.

This Slide: #78 of 100

Slide #78. Freedom Communications Holdings, Inc. — A. H. Belo Corporation Riverside Newspaper Operation

Acquirer: Freedom Communications Holdings, Inc.
Acquiree: A. H. Belo Corporation Riverside Newspaper Operation (AHC)
Details: A. H. Belo Corporation (NYSE:AHC) and Freedom Communications Holdings, Inc. jointly announced today they have entered into a definitive asset purchase agreement under which Freedom Communications Holdings, Inc. will acquire substantially all of the assets which comprise the newspaper operations of The Press-Enterprise located in Riverside, CA (including the production facility and related land) for $27.25 million. The transaction is expected to close in mid-October subject to customary closing conditions. Upon closing, A. H. Belo will continue to own and market for sale the land and buildings associated with a discontinued commercial printing operation in Riverside, CA. The Press-Enterprise will maintain its primary business offices in Riverside.



Open the AHC Page at The Online Investor »

AHC — Key Stats (updated Tue., Jun. 29, 10:21 AM)
Company Name:  DallasNews Corp
Website:  www.ahbelo.com
Sector:  Publishing & Printing
 

Open the AHC Page at The Online Investor (in a new window) »
May 9, 2024  •  9:44 AM Eastern
AHC — Current Quote
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Strong Buy (4.00 out of 4)
32nd percentile
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