Two Texas Newspapers Among Group Sold to GateHouse Media

AUGUSTA, Ga. -- Morris Communications will sell its 11 daily newspapers and other publications in those markets to New Media Investment Group, the parent company of GateHouse Media Inc., the companies announced Wednesday.New Media said it will pay $120 million to purchase Morris Publishing Group, the newspaper division of Georgia-based Morris Communications.The sale includes the Lubbock Avalanche-Journal and Amarillo Globe News in Texas; the Augusta Chronicle, Savannah Morning News and Athens Banner-Herald in Georgia; Florida Times-Union of Jacksonville and St. Augustine Record in Florida; the Topeka Capital-Journal in Kansas; the Log Cabin Democrat of Conway, Arkansas; and the Juneau Empire and Peninsula Clarion of Kenai in Alaska.GateHouse has a growing presence in Texas, where it operates a newspaper design studio in Austin that employs more than 200 people. It also owns daily newspapers in Waxahachie, Sherman, Brownwood and Stephenville, and weekly newspapers in 11 other Texas cities.  Continue reading...

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