New Media Investment Group Inc. on May 11 closed the acquisition of substantially all of the publishing and related assets of the Akron Beacon Journal from Black Press Ltd. for $16 million.
Separately, New Media closed the sale of substantially all of the publishing and related assets of GateHouse Media Alaska Holdings Inc. to Black Press, according to a May 14 news release.
The Akron Beacon Journal, which has a daily circulation of more than 68,000, also offers a digital source of news for the local market, Ohio.com.
