HM Capital Buys Maine Newspaper Chain
HM Capital Partners has acquired certain news media and associated real estate assets from Blethen Maine Newspapers Inc., a subsidiary of The Seattle Times Company. Citizens Financial Group arranged financing for the deal, for which pricing terms were not disclosed. The news assets include: The Portland Press Herald/Maine Sunday Telegram (the largest paper in the state, the Kennebec Journal, the Waterville Sentinel, the Coastal Journal and MaineToday.com.
16 June 2009•5 mins read
