In all, the purchase includes 17 daily newspapers, 16 in Ohio and one in West Virginia, 15 weekly publications and several specialty publications including shoppers and magazines.
Terms of the acquisition were not disclosed. In a press release, Dirks, Van Essen & Murray — a media merger and acquisition firm, which represented Civitas Media in the transaction — said all Ohio employees working directly for the newspapers will be hired immediately and continue in their positions under the new ownership.
“Civitas is one of the most respected and admired publishing companies principally serving local community markets in the United States,” Jeremy Halbreich, chairman and chief executive of AIM, said in the release from Dirks, Van Essen & Murray, a media merger and acquisition firm based in Santa Fe, N.M.
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