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Alaska Dispatch to buy Anchorage Daily News from McClatchy Co.
http://www.adn.com/2014/04/08/3415599/alaska-dispatch-to-buy-anchorage.html?sp=/99/171/Alaska Dispatch to buy Anchorage Daily News from McClatchy Co.
Daily News / adn.com
April 8, 2014 Updated 9 hours ago
The McClatchy Co. announced Tuesday that it has reached an agreement to sell the Anchorage Daily News to Alaska Dispatch Publishing. The transaction is expected to close in May.
"The Anchorage Daily News is a profitable newspaper that makes us proud journalistically," said Pat Talamantes, McClatchy's president and CEO. "We weren't looking to sell the Daily News, but after Alaska Dispatch Publishing approached us, we saw advantages to local ownership in this case and opportunities for consolidation that would strengthen both news organizations."
The Daily News is the largest newspaper in Alaska, and adn.com is the most-read news site in the state.
"We are proud to return the Anchorage Daily News to Alaska ownership once again," said Alice Rogoff, owner of Anchorage-based Alaska Dispatch Publishing LLC, which publishes the AlaskaDispatch.com news website. "Across the country over the past few years, we've seen several daily newspapers successfully transition to local ownership. We look forward to working with the talented team at the Daily News to help build its future."
