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04/12/2018

GateHouse Media to buy Akron Beacon Journal/Ohio.com

From the Akron Beacon Journal

The Akron Beacon Journal/Ohio.com is getting a new owner.

GateHouse Media will buy the Beacon Journal, including website Ohio.com, from owner Black Press Ltd. in a deal expected to close no later than June 30.

The sale price: $16 million, according to a news release.

The sale does not include the Beacon Journal’s building at 44 E. Exchange St. in downtown Akron; GateHouse executives said the company will sign a short-term lease for the building, which Black Press will continue to own.

Black Press, a Canadian newspaper publisher based in British Columbia, has owned the Beacon Journal for 12 years. The paper has about 245 employees; 165 are full-time.

“Our commitment to telling the story of Akron and Summit County with our professional journalists remains as strong as ever,” said Bruce Winges, editor and vice president of Akron Beacon Journal/Ohio.com. “We look forward to exploring how to improve our coverage by working with other GateHouse news organizations in Ohio and our region.”

The addition of the Beacon Journal is a good fit for GateHouse, said Bradley M. Harmon, president of GateHouse Media Central U.S. Publishing Operations. He also is president and publisher of the Dispatch Media Group of newspapers, magazines and websites in Columbus.

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