Amos Press Completes Sale of Newspaper Operations to Brown Publishing Company.Business Editors NEW YORK--(BUSINESS WIRE)--Nov. 2, 2000 Media Investment Bankers Jordan, Edmiston Advise 124-Year-Old Family-Owned Publishing Business Amos Press, Inc. (www.amospress.com) closed today on the sale to Brown publishing Company The Brown Publishing Company is an Ohio newspaper business started by Congressman Clarence J. Brown in 1920. The company remains a family-owned business, publishing 18 daily newspapers, 27 weekly newspapers, and 26 free weeklies. The current CEO is Brown's grandson, Roy Brown. of its newspaper operations, including the Sidney (OH) Daily News and Suburban Newspapers of Dayton (OH), a chain of daily and weekly newspapers, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. The Jordan, Edmiston Group, Inc. (www.jegi.com) which advised Amos Press on the transaction. Suburban Newspapers of Dayton publishes the Beavercreek News-Current, Centerville-Bellbrook Times, The Englewood Independent, Enon Messenger, Fairborn Daily Herald, Greene County Shopper, Huber Heights Courier, Kettering-Oakwood Times, Miamisburg Sun, New Carlisle Sun, Springboro Sun, Tipp City Herald, Trotwood Independent, Troy Advocate, West Milton Record and the Wright-Patterson AFB AFB abbr. acid-fast bacillus AFB Acid-fast bacillus, also 1. Aflatoxin B 2. Aorto-femoral bypass Skywrighter. Suburban Newspapers of Dayton also operates the SNDNews.com web site. The decision culminates months of activity concerning the sale of the Amos Press publishing businesses and the future direction of the company. "The board felt it was in the long-term best interest of the business, the newspaper employees, newspaper customers and the Amos family to sell the newspaper assets to the Brown family," said Wilma Jordan, Founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , The Jordan, Edmiston Group, the media investment bankers advising Amos Press on the transaction. "The sale of the newspaper operations will place the Amos Press newspapers in the hands of a family with a long tradition of community newspaper ownership and a commitment to grow its network of community newspapers in West Central Ohio." Brown Publishing owns and operates 38 community newspapers in Ohio <noinclude> The following is a list of newspapers published and circulated in Ohio. Major papers </noinclude>
All other Amos Press publishing operations, including its hobby titles, will continue to operate under the ownership of the Amos family. In addition, the VisionMark manufacturing operation will continue under the Amos family ownership. Amos Press's hobby publishing titles include: Coin World and Linn's Stamp News Linn's Stamp News is the largest weekly newspaper for stamp collectors, boasting a paid circulation of nearly 45,000 (as of 2003). It is published by Amos Press, who also publish the Scott stamp catalogs. , nationally circulated weekly publications for the coin and stamp hobbies; Scott Publishing, which creates catalogs and accessories for the stamp hobby and publishes Scott Stamp Monthly magazine; Cars & Parts, a monthly magazine for classic car enthusiasts; and ANACS ANACS American Numismatic Association Certification Service (coin grading service) ANACS Association of Nurse Advocates for Childbirth Solutions , which authenticates and grades collector coins. The Jordan, Edmiston Group, Inc. (JEGI) is the premier investment bank serving companies in the publishing, information, exposition and Internet industries. In 2000, Jordan, Edmiston has completed 16 magazine publishing and exposition industry media M&A transactions with an aggregate value of more than $600 million. Founded in 1988, the investment bank regularly advises leading diversified media companies, including Daily Mail and General Trust Daily Mail and General Trust plc (DMGT) is one of the UK's largest media companies and has interests in national and regional newspapers, television and radio. While the majority of the company's activities are based in the UK, it does have worldwide operations. , Dow Jones, The Hearst Corporation, Pearson, PRIMEDIA, Reed Elsevier and VNU VNU Volontaires des Nations Unies (French) VNU Verenigde Nederlandse Uitgeversbedrijven (Dutch) VNU Virtual Network User as well as several entrepreneurial media businesses, including Duke Communications, Kennedy Information, Spectrum Business Communications, First Conferences and Thunder Lizard Productions. For more information about JEGI, please visit www.jegi.com or contact us at 212.754.0710. |
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