Belo buys Owensboro Messenger-Inquirer in Kentucky.DALLAS--(BUSINESS WIRE)--Dec. 4, 1995--A. H. Belo Corporation, owner of The Dallas Morning News, and Owensboro Publishing Company announced today an agreement in principle for Belo to acquire the assets of the Owensboro Messenger-Inquirer, a daily and Sunday newspaper in Owensboro, Kentucky Owensboro is the third largest city in Kentucky and the county seat of Daviess County.GR6 It is located on U.S. Highway 60 about 32 miles southeast of Evansville, Indiana and is the principal city of the Owensboro, Kentucky Metropolitan Statistical Area. . The asset purchase is subject to certain conditions, including regulatory approval. Belo's Chairman, President 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. , Robert W. Decherd, said: "The Messenger-Inquirer has a distinguished history as a newspaper that is committed to its public with strong local news coverage and solid community ties. John Hager John Hager may refer to one of the following:
John Hager, Chairman and CEO of Owensboro Publishing Company and Publisher and President of the Messenger-Inquirer, said: "With Belo, we have ensured that the Messenger-Inquirer's traditions and values of high public trust will endure and be carried on into the future. This goal is essential to any newspaper aspiring to be in the heart and soul of the community. Belo and its key leaders have demonstrated that they are as committed as the Hagers have been to editorial excellence, integrity and outstanding community service. With respect to all elements of this tradition, we foresee both steady continuation and improvement." Burl Osborne, President of Belo's Publishing Division and Publisher and Editor of The Dallas Morning News, said: "In 1909, when Judge S.W. Hager acquired the newspaper which became the Messenger-Inquirer, he said, 'Our highest aim and greatest effort shall be to make this newspaper even better than it has been in the past.' He overachieved his goal as did his descendants who operate the newspaper today. We will continue to pursue the objectives of continuous improvement in service to our readers and this community." Judge Hager bought the Owensboro Inquirer after an unsuccessful bid for governor. The Hager family has owned the newspaper ever since. In 1929 the Inquirer, which had been founded in 1884, merged with the Owensboro Messenger, which had been founded in 1875. Today, the Messenger-Inquirer has a daily circulation of 33,363 and a Sunday circulation of 33,398 in Daviess and surrounding counties. In addition to The Dallas Morning News, Belo owns DFW DFW Dallas/Ft Worth, TX, USA - Dallas Ft Worth International (Airport Code) DFW Department of Fish and Wildlife DFW David Foster Wallace DFW Drug-Free Workplace DFW Down For Whatever (song by Pretty Young Things) Suburban Newspapers, Inc., publisher of eight community newspapers; and DFW Printing Company, Inc. Belo also owns and operates network-affiliated television stations WFAA-TV (ABC ABC in full American Broadcasting Co. Major U.S. television network. It began when the expanding national radio network NBC split into the separate Red and Blue networks in 1928. ) in Dallas-Fort Worth; KHOU-TV (CBS (Cell Broadcast Service) See cell broadcast. ) in Houston, Texas; KIRO-TV (UPN UPN User Principal Name (Microsoft Windows 2000) UPN United Paramount Network UPN Unión del Pueblo Navarro (Navarrese People Union) UPN Umgekehrte Polnische Notation ) in Seattle-Tacoma, Washington; KXTV (ABC) in Sacramento, California; WVEC-TV (ABC) in Hampton-Norfolk, Virginia; WWL-TV (CBS) in New Orleans, Louisiana; and KOTV (CBS) in Tulsa, Oklahoma; as well as Belo Productions, Inc. (BPI); and is the majority partner in Maxam Entertainment. Shares of Belo Series A Common Stock are traded on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol BLC BLC Boston Library Consortium BLC Bethany Lutheran College (Minnesota) BLC Back Light Compensation (video cameras) BLC Belo Corporation (stock symbol) BLC Broadband Loop Carrier . CONTACT: A. H. Belo Corporation Michael Perry, 214/977-6622 Jeremy Halbreich, 214/977-8291 |
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