CherryRoad Media Acquires Nine Newspapers from Rust Communications
Parsippany, NJ - CherryRoad Media Inc. announced today it has purchased nine newspapers from Rust Communications, Inc. The newspapers are published in Arkansas and Missouri. Cribb, Cope & Potts, the oldest newspaper, and publication brokerage in the United States, represented Rust Communications in the transaction. Terms of the sale were not disclosed. This marks the latest acquisition for CherryRoad Media, which entered the newspaper industry in late 2020 with the purchase of the weekly Cook County (MN) News-Herald. It has since acquired fifty-two other titles, including four in Arkansas and four in Missouri, as well as two start up newspapers in Minnesota.
Read MoreCherryRoad Media Acquires Nine Newspapers from Rust Communications