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Sound Publishing acquires Pacific NW Little Nickel and Nickel Ads Classifieds

9.7.06

Black Press Ltd. has announced the acquisition of the Little Nickel and Nickel Ads Classifieds based in Lynnwood, Washington and Portland, Oregon. Formerly owned by Lee Enterprises in Davenport, Iowa, the publications in the Pacific Northwest have combined weekly distribution of more than 375,000 copies.

Black Press Ltd. is a private company that owns and operates approximately 100 newspapers in western Canada, Hawaii, and Ohio as well as Sound Publishing in Washington State. Sound Publishing’s operations include 20 suburban newspapers located in Kitsap County, Island County, King County, Pierce County, and San Juan County. The Little Nickel and Nickel Ads Classifieds will join this group doubling the size of the Pacific Northwest company, which will now reach more than 1.4 million readers each week.

According to Manfred Tempelmayr, President of Sound Publishing, “We see this as an opportunity to extend the Sound Publishing families throughout the state into Oregon. We are committed to supporting the local communities where we have publications. This alliance will make us a stronger organization leading to greater revenue and greater employment opportunities in those communities.”

The two parties will close the transaction on September 23.