Another One Bites the Dust: Palm Beach Post to be sold to GateHouse in $49M deal


GateHouse Media has bought The Palm Beach Post and Palm Beach Daily News for $49.3 million.

The Palm Beach Post reports that New York-based New Media Investment Group Inc. announced the deal Wednesday. The papers have been owned since 1969 by Atlanta-based Cox Enterprises. The sale is expected to be completed by May.


Here’s the story from the Palm Beach Post:

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