Home > Boards > US Listed > Media - Newspapers/Print > New Media Investment Group Inc. (NEWM)

New Media Announces the Acquisition of the Foster’s

Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Enterprising Investor Member Profile
Member Level 
Followed By 205
Posts 10,682
Boards Moderated 10
Alias Born 04/05/09
160x600 placeholder
RadNet Set to Join S&P SmallCap 600 PR Newswire (US) - 11/14/2019 5:57:00 PM
New Media and Gannett Announce Shareholder Approvals of Merger Agreement Business Wire - 11/14/2019 10:22:00 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 11/5/2019 6:06:45 AM
Amended Statement of Beneficial Ownership (sc 13d/a) Edgar (US Regulatory) - 10/31/2019 5:13:02 PM
Quarterly Report (10-q) Edgar (US Regulatory) - 10/31/2019 4:24:09 PM
Filing of Certain Prospectuses and Communications in Connection With Business Combination Transactions (425) Edgar (US Regulatory) - 10/31/2019 6:41:54 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 10/31/2019 6:41:14 AM
New Media Announces Third Quarter 2019 Results Business Wire - 10/31/2019 6:30:00 AM
Current Report Filing (8-k) Edgar (US Regulatory) - 10/30/2019 6:17:35 AM
New Media and Gannett Announce the Board of Directors for the Combined Company Business Wire - 10/29/2019 4:48:00 PM
New Media Announces European Commission Regulatory Clearance for Merger with Gannett Business Wire - 10/23/2019 4:15:00 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 10/17/2019 7:47:03 AM
New Media Announces Dividend and Schedules Third Quarter 2019 Results Business Wire - 10/16/2019 6:45:00 AM
Notice of Effectiveness (effect) Edgar (US Regulatory) - 10/11/2019 6:00:53 AM
Prospectus Filed Pursuant to Rule 424(b)(3) (424b3) Edgar (US Regulatory) - 10/10/2019 5:18:37 PM
Registration Statement for Securities to Be Issued in Business Combination Transactions (s-4/a) Edgar (US Regulatory) - 10/3/2019 5:27:59 PM
Initial Statement of Beneficial Ownership (3) Edgar (US Regulatory) - 10/3/2019 5:02:52 PM
Initial Statement of Beneficial Ownership (3) Edgar (US Regulatory) - 10/3/2019 4:59:13 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 10/1/2019 6:05:29 AM
Filing of Certain Prospectuses and Communications in Connection With Business Combination Transactions (425) Edgar (US Regulatory) - 10/1/2019 6:01:47 AM
New Media Sets Date for Special Meeting of Shareholders to Vote on Merger Agreement with Gannett Business Wire - 9/30/2019 6:45:00 AM
Registration Statement for Securities to Be Issued in Business Combination Transactions (s-4/a) Edgar (US Regulatory) - 9/30/2019 6:03:14 AM
Filing of Certain Prospectuses and Communications in Connection With Business Combination Transactions (425) Edgar (US Regulatory) - 9/26/2019 3:13:47 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 9/26/2019 3:11:41 PM
Current Report Filing (8-k) Edgar (US Regulatory) - 9/19/2019 4:50:21 PM
Enterprising Investor Member Level  Monday, 12/01/14 05:18:23 PM
Re: None
Post # of 60 
New Media Announces the Acquisition of the Foster’s Daily Democrat (12/01/14)

NEW YORK--(BUSINESS WIRE)--New Media Investment Group Inc. (NYSE: NEWM; “New Media” or the “Company”) announced today that it completed the acquisition of the Foster’s Daily Democrat along with other publications and related assets for $5.0 million in cash from the Foster family. The publications are located around Dover, NH, and the daily newspaper has a circulation of approximately 12,000.

“I’m pleased to announce the acquisition of the Foster’s Daily Democrat, a well-established daily newspaper first printed in 1873,” said Michael E. Reed, New Media’s President and CEO. “In addition to the daily paper, New Media also acquired two weekly publications and one direct mail company. The publications are located approximately 13.0 miles northwest of New Media’s cluster in Portsmouth, NH which make it ideal to integrate into our current operations. Under the leadership of the Foster family for the past 141 years, the Foster’s Daily Democrat has remained the dominant source of local news in its community. As new owners of this historic paper, we look forward to continuing their long standing tradition and further enhancing the relationship with readers and businesses going forward.”

About New Media Investment Group

New Media is focused primarily on investing in a high quality, diversified portfolio of local media assets, and on growing existing advertising and digital marketing businesses. The Company is one of the largest publishers of locally based print and online media in the United States as measured by the number of daily publications. As of September 28, 2014, the Company operates in over 370 markets across 27 states. New Media’s portfolio of products, as of September 28, 2014, includes 450 community publications, over 370 related websites, and six yellow page directories, serve more than 130,000 business advertising accounts and reach over 14 million people on a weekly basis.

For more information regarding New Media and to be added to our email distribution list, please visit www.newmediainv.com.

http://www.businesswire.com/news/home/20141201006348/en/Media-Announces-Acquisition-Foster%E2%80%99s-Daily-Democrat#.VHzo8ol0yUk

"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International
Public Reply | Private Reply | Keep | Last ReadPost New MsgNext 10 | Previous | Next
Follow Board Follow Board Keyboard Shortcuts Report TOS Violation
X
Current Price
Change
Volume
Detailed Quote - Discussion Board
Intraday Chart
+/- to Watchlist