Carpenter Media Group Acquires Phillips Media Group Portfolio and Nowata Printing Company
August 30, 2024
Carpenter Media Group, the parent company of Black Press Media, acquired Phillips Media Group's portfolio in August, purchasing 16 community newspapers across Arkansas, Missouri and Illinois along with the Nowata Printing Company in Springfield, Missouri. The deal expands Carpenter Media Group's footprint in U.S. community publishing and adds printing capabilities to its existing portfolio of more than 250 titles in Canada and the U.S.
- Buyers
- Carpenter Media Group
- Targets
- Phillips Media Group, Nowata Printing Company
- Sellers
- Phillips Media Group, Rupert Phillips
- Industry
- Media & Entertainment
- Location
- United States
- Transaction Type
- Buyout
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