Monday, July 20, 2009

Cox sells papers in Colo., N.C., Texas

Cox Enterprises Inc. is paring down its list of newspaper properties, selling papers in Colorado, North Carolina and Texas.
In Colorado, it sold the Daily Sentinel in Grand Junction and the Nickel, a shopper, to Kansas-based Seaton Publishing while it sold the Waco (Texas) Herald-Tribune to local firm Robinson Media Co.
Cooke Communications, meantime, purchased North Carolina papers the Greenville Daily Reflector, the Rocky Mount Telegram, the Elizabeth City Daily Advance and 10 weeklies.
Cox declined to disclose financial details, but said all of the transactions would close within the next few weeks.

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