Press Enterprise Newspaper to be sold
The Press-Enterprise will be sold to the parent company of the Orange County Register for $27.25 million, it was announced today.``We are pleased to have found a partner in Freedom Communications to purchase The Press-Enterprise assets and who we know will continue to support journalism as we have in the critical Inland Southern California region,'' said Jim Moroney, the head of A.H. Belo Corp., the owner of the Press-Enterprise for the past 16 years.
Copyright 2013 City News Service. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.