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Heartland Publications, LLC Acquires Three Weekly Newspapers in Robeson County, North Carolina
Heartland Publications, LLC Acquires Three Weekly Newspapers in Robeson County, North Carolina
Old Saybrook, CT—Heartland Publications, LLC today announced the acquisition of three weekly newspapers in Robeson County, North Carolina - The Red Springs Citizen, the St. Pauls Review and the Extra Slice. Terms of the transaction were not disclosed.
The papers had been owned by Stewart McLeod, a Clayton resident who used to live in St. Pauls. McLeod will continue to own the Clayton News-Star.
Heartland also owns The Robesonian, a daily paper in Robeson County.
Michael Bush, Heartland's CEO, said, "We are pleased to acquire these community newspapers and expand our presence in Robeson County. We are committed to producing the best products possible for all of the communities we serve and are proud to add these newspapers to the Heartland family."
Heartland Publications, LLC, based in Old Saybrook, CT owns and operates 24 daily and weekly newspapers in North Carolina, Kentucky, Oklahoma, Tennessee, Ohio and West Virginia. The Company's owners are The Wicks Group of Companies and Wachovia Capital Partners. The Wicks Group is a New York based private equity firm focused on selected segments of the communications, information and media industries. Wachovia Capital Partners, based in Charlotte, NC, is the principal investing arm of Wachovia Corporation. |
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