Dispatch Sale Finalized For $47 Million

Dispatch Sale Finalized For $47 Million (Image 1)_9135

New Media Investment Group Inc. announced Monday it paid $47 million to acquire The Columbus Dispatch, its magazines, weekly newspapers and three buildings.

Columbus Business First notes this is $1 million more than what New Media spent on the Providence Journal. That paper has a Sunday circulation of 96,248. The Dispatch’s Sunday circulation is 221,548.

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