Journal makes an acquisition
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Journal Communications announced an addition to the company, albeit a rather small one. The Journal Community Publishing Group has purchased the weekly Clinton Tribune-Gazette in Wisconsin from GateHouse Media. Terms were not revealed, but the price tag could not be substantial for a company the size of Journal. The Clinton Tribune-Gazette has a paid circulation of approximately 2,300.
"The acquisition of the Tribune-Gazette allows Journal Community Publishing Group to deepen its media offerings and extend its reach in north central Wisconsin and to take advantage of efficiencies created by our printing facility in nearby Waupaca," said Journal Communications CEO Steven Smith. He also noted that the company is interested in acquiring other community newspapers to expand its footprint in its Wisconsin and Florida markets.
"The acquisition of the Tribune-Gazette allows Journal Community Publishing Group to deepen its media offerings and extend its reach in north central Wisconsin and to take advantage of efficiencies created by our printing facility in nearby Waupaca," said Journal Communications CEO Steven Smith. He also noted that the company is interested in acquiring other community newspapers to expand its footprint in its Wisconsin and Florida markets.
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