Thursday, July 23, 2009

Jefferson City newspaper owner considering buying Austin American-Statesman

An article posted today on the Arkansas Business website says Wehco, owner of the Arkansas Democrat-Gazette and Jefferson City News Tribune, is thinking about buying the Austin American-Statesman in Texas:

Hussman did not comment for the article, but the Statesman reports he and two other interested parties visited the paper and met with the newspaper's top executives. Hussman owns Wehco Media of Little Rock, which owns daily and weekly newspapers and cable companies.

The paper has been on the market for one year, according to the article. Austin investor Brian Ferguson and Weco, Texas, businessman Clifton Robinson also visited the paper, according to the report.

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