Please ensure Javascript is enabled for purposes of website accessibility
Home / Today's Top Stories / Market shrugs as GateHouse sells three more papers

Market shrugs as GateHouse sells three more papers

Shares of GateHouse Media Inc. were virtually unchanged after news that a Pennsylvania newspaper chain has bought three newspapers from the Perinton publishing company.
The announcement comes on the heels of another GateHouse sale last month. On Aug. 29, the company sold two of its daily newspapers in Nebraska to the Omaha World-Herald Company, an employee-owned company there.
On Thursday, GateHouse closed on the sale of two newspapers in Pennsylvania and one in Oswego—The Palladium Times—to Sample News Group LLC.
The company operates 10 daily newspapers, 20 weeklies, two magazines and three commercial printing plants in five states.
Gatehouse shares (NYSE: GHS) were trading at 59 cents Thursday afternoon, down a penny from its closing price on Tuesday and Wednesday.

(c) 2008 Rochester Business Journal. Obtain permission to reprint this article.

Market shrugs as GateHouse sells three more papers

Shares of GateHouse Media Inc. were virtually unchanged after news that a Pennsylvania newspaper chain has bought three newspapers from the Perinton publishing company.

x

Check Also

Chili Community Center Library Fireplace

Library design and building ideas: A community dialogue (access required)

Library design is perhaps in its most exciting and demanding age. Libraries continue to remain relevant and are constantly changing ...

Best Places to Work For DEI honorees announced (access required)

The Rochester Business Journal has announced the honorees for the inaugural Best Places to Work For DEI awards. This regional ...

Guest opinion: Leadership is born out of a crucible (access required)

“It is not in the still calm of life or the repose of a pacific station that great characters are ...

Seen: 9/30/2022 (access required)

Saturday, Sept. 10 - The Heritage Hero Run + Stroll + Roll took place at Seabreeze Amusement Park in Irondequoit ...