P.M. BRIEFING : Galesburg Paper’s Sale Final
The Peoria Journal Star’s $15-million purchase of the Register-Mail of Galesburg and two weekly newspapers is final after 18 months of bitter bidding wars and lawsuits, officials said today.
The closing took place Wednesday in Chicago, more than a year after a federal judge ended a bidding war and legal battle between the Journal Star and Thomson Newspapers of Toronto.
“I’m very . . . gratified that the sale has gone through,” said John McConnell, president and publisher of the Journal Star. He said the Register-Mail will be “operated as an independent entity, serving its own community as only a local newspaper can.”
The sale had split the family, which owned the Register-Mail, a Monday-through-Saturday afternoon publication with a circulation of 18,700.
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