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Re: None

Thursday, 02/23/2012 1:51:04 PM

Thursday, February 23, 2012 1:51:04 PM

Post# of 514
American Community Newspapers Inc. Holding/Sold

Contact Information for American Community Newspapers
Source:
http://www.americancommunitynewspapers.com/contact.php


-- Minnesota Sun Publications
SOLD to ECM Publishers

News Source:
http://edina.kstp.com/news/business/119369-agreement-signed-ecm-publishers-buy-minnesota-sun-newspapers

-- Texas: Star Community Newspapers
SOLD to 1013 Communications

News Source:
http://www.editorandpublisher.com/Business/Article/American-Community-Newspapers-Sells-Star-Community-Newspapers-to-1013-Communications

-- Northern Virginia: Amendment One
Leesburg Today / Loudoun Magazine / Loudoun Business
UP FOR SALE as of October 14, 2011

News Source:
http://leesburgtoday.com/business/article_e197fc04-f69d-11e0-997c-001cc4c002e0.html

Article hightlights - (ACN intentions prior to Bankruptcy dismissal)
"ACN had filed for Chapter 11 bankruptcy in 2009 and sold to American Community Newspapers II in later that year for $32 million, essentially placing the company in the hands of the banks that held the loans. Speculation is that ACN II now hopes to unload its properties by the end of the year to clear its books and appear more profitable."

-- Northern Virginia: Sun Gazette / Suburban Washington Newspapers
STILL HOLDING

Source: http://www.sungazette.net/site/contactus.html


*** This is my personal DD ONLY. This post by no means is an indication for you to BUY or SELL. Please do your own DD and make your own decision ***

Will hold for now to see how this unfolds.....



Any profit is good! I encourage you to ALWAYS do your own chart DD before making any consideration to buy or sell. My calls are just that, my call.