10-01-2014, 06:41 AM
http://www.staradvertiser.com/news/break...=277790101
snippet:
Oahu Publications Inc. announced today that it has agreed to acquire the Hawaii Tribune-Herald (Hilo) and West Hawaii Today (Kona) on Hawaii Island from Las Vegas-based Stephens Media LLC.
Financial terms were not disclosed, but Dennis Francis, Oahu Publication's president, said both newspapers will continue to be published daily and will be editorially independent from the company's daily newspaper on Oahu, the Honolulu Star-Advertiser. The transaction will close Dec. 1.
"We are pleased to bring local management and ownership to these two quality newspapers," said Francis, who is also publisher of the Star-Advertiser, "and our first priority will be to ensure that the two newspapers continue to serve the needs of their communities."
snippet:
Oahu Publications Inc. announced today that it has agreed to acquire the Hawaii Tribune-Herald (Hilo) and West Hawaii Today (Kona) on Hawaii Island from Las Vegas-based Stephens Media LLC.
Financial terms were not disclosed, but Dennis Francis, Oahu Publication's president, said both newspapers will continue to be published daily and will be editorially independent from the company's daily newspaper on Oahu, the Honolulu Star-Advertiser. The transaction will close Dec. 1.
"We are pleased to bring local management and ownership to these two quality newspapers," said Francis, who is also publisher of the Star-Advertiser, "and our first priority will be to ensure that the two newspapers continue to serve the needs of their communities."