Metro East newspaper publisher sells 15 properties to Kentucky firm

Image for article Metro East newspaper publisher sells 15 properties to Kentucky firm
News Source : STLtoday.com

News Summary

  • Mascoutah-based Better Newspapers Inc. has sold 15 newspapers in southeast Missouri and southern Illinois to Paxton Media Group.
  • Paxton, a family-owned company founded in 1896, is based in Paducah, Kentucky, and publishes nearly 120 community newspapers in 14 states.
  • A new Illinois law enacted earlier this year requires 120 days notice before sales be provided to the Department of Commerce and Economic Opportunity.
  • A report from Capitol News Illinois indicates that notice was not provided, and the law doesn't include any enforcement mechanisms.
Mascoutahbased Better Newspapers Inc. has sold 15 newspapers in southeast Missouri and southern Illinois to Paxton Media Group, it was announced earlier this month.In Illinois, the following eight [+1959 chars]

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