other publications including The Sandspur, Acento Latino and Fort Bragg Life and the company’s military publishing division serving the Fort Bragg and Camp Lejeune markets. The sale includes the company’s printing division, Target Printing & Distribution its digital business, including the website and Liberty Point Media digital agency the Iwanna classified advertising publications and related businesses based in Asheville and in Greenville, S.C. Fayetteville Publishing was represented by Gary Greene, Managing Director of Cribb, Greene & Cope, a newspaper brokerage, appraisal, and consulting firm with offices in Virginia, Montana, and Missouri. The Observer, which is marking its 200th anniversary this year as North Carolina’s oldest newspaper, had been the largest independently owned newspaper in North Carolina and one of the largest remaining in the South. “There’s a lot of emotion and local pride involved, but our company aligns well with other GateHouse properties.” “It’s a good strategic fit,” Broadwell said. and publisher of The Observer and a fourth-generation member of the ownership family, called it a difficult decision taken after extensive discussions over the past year among the family and board members. GateHouse Media has bought The Fayetteville (N.C.) Observer and its related businesses, ending 93 years of local ownership by the family of the late Ashton Wilson Lilly.Īnnouncing the sale to staff members, Charles Broadwell, president of Fayetteville Publishing Co.
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