Palm Beach Post, Daily News sold in $49.25M deal - Fox29 WFLX TV, West Palm Beach, FL-news & weather

Palm Beach Post, Daily News sold in $49.25M deal

  • Fox 29 Daily HeadlinesMore>>

  • Students begin school walkouts on Columbine anniversary

    Students begin school walkouts on Columbine anniversary

    Friday, April 20 2018 12:26 AM EDT2018-04-20 04:26:49 GMT
    Friday, April 20 2018 12:33 PM EDT2018-04-20 16:33:09 GMT
    (AP Photo/Carolyn Kaster, File). FILE - In this March 14, 2018 file photo, young demonstrators hold a rally in front of the White House in Washington. Another wave of school walkouts is expected as students honor victims of gun violence and push for gu...(AP Photo/Carolyn Kaster, File). FILE - In this March 14, 2018 file photo, young demonstrators hold a rally in front of the White House in Washington. Another wave of school walkouts is expected as students honor victims of gun violence and push for gu...

    Another wave of school walkouts is expected as students honor victims of gun violence and push for gun control.

    More >>

    Another wave of school walkouts is expected as students honor victims of gun violence and push for gun control.

    More >>
  • Facebook adds privacy settings to comply with European rules

    Facebook adds privacy settings to comply with European rules

    Wednesday, April 18 2018 5:33 AM EDT2018-04-18 09:33:47 GMT
    Friday, April 20 2018 12:09 PM EDT2018-04-20 16:09:20 GMT
    (AP Photo/Matt Rourke, File). FILE - In this May 16, 2012, file photo, the Facebook logo is displayed on an iPad in Philadelphia. A propaganda expert who has studied Cambridge Analytica says the company helped Donald Trump’s presidential campaign use f...(AP Photo/Matt Rourke, File). FILE - In this May 16, 2012, file photo, the Facebook logo is displayed on an iPad in Philadelphia. A propaganda expert who has studied Cambridge Analytica says the company helped Donald Trump’s presidential campaign use f...
    Facebook is introducing more privacy safeguards to users in Europe to comply with new rules meant to make it easier for consumers to give and withdraw consent for the use of their data.More >>
    Facebook is introducing more privacy safeguards to users in Europe to comply with new rules meant to make it easier for consumers to give and withdraw consent for the use of their data.More >>
  • UPDATE: Everything you need to know about Arizona's teacher walkout

    UPDATE: Everything you need to know about Arizona's teacher walkout

    Friday, April 20 2018 8:42 AM EDT2018-04-20 12:42:18 GMT
    Arizona teachers could be staging a strike, which may leave tens of thousands of parents scrambling. (Source: Raycom Media)Arizona teachers could be staging a strike, which may leave tens of thousands of parents scrambling. (Source: Raycom Media)

    One thing is certain, tens of thousands of parents will be forced to scramble to find out what to do if enough teachers walk out.

    More >>

    One thing is certain, tens of thousands of parents will be forced to scramble to find out what to do if enough teachers walk out.

    More >>

Two South Florida newspapers have new owners.

According to The Palm Beach Post, both the Palm Beach Daily News and The Palm Beach Post have been acquired by GateHouse Media in a deal worth $49.25 million.

The newspapers have been owned since 1969 by Atlanta-based Cox Enterprises.

GateHouse Media owns more than 140 daily newspapers and has been on a buying spree. The company recently bought the Cox-owned Austin American-Statesman in Texas for $47.5 million. Cox put the Palm Beach and Austin papers on the market last fall.

The Palm Beach Post celebrated its centennial in 2016 while the Daily News, also known as the Shiny Sheet, has been published for 120 years.

Cox continues to own and operate newspapers in Atlanta and Ohio, where it also owns television stations.

The deal is expected to be completed by May.

According to The Post, Cox will keep ownership of The Palm Beach Post building at the corner of Belvedere Road and Dixie Highway.

The Palm Beach Post is a news partner of WPTV.

This story will be updated as new information becomes available.
 

Scripps Only Content 2018

Powered by Frankly

1100 Banyan Blvd.
West Palm Beach, FL 33401

FCC Public File
EEO Report
Closed Captioning

All content © Copyright 2000 - 2018 Raycom Media. All Rights Reserved.
For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.