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Heartland Publications
Heartland Publications was a Connecticut-based owner of small to medium market newspapers, and started out by acquiring 24 publications from Community Newspaper Holdings, Inc. located in Georgia, Kentucky, North Carolina, Ohio, Oklahoma, Tennessee, and West Virginia. They acquired 5 additional publications from Mid-South Management Co., Inc. in 2005 and 2007, located in South Carolina, North Carolina, Georgia, Virginia, and West Virginia. Heartland Publications filed for Chapter 11 bankruptcy protection in 2009, and left bankruptcy in 2010 under control of its creditors. It was acquired by Versa Capital Management in 2012, and along with Freedom Central, Impressions Media, and Ohio Community Media, were consolidating into Civitas Media Civitas Media, LLC was a Davidson, North Carolina-based publisher of community newspapers covering 11 Midwestern, Mid-Atlantic, and Southern states. The company was formed in 2012 via the merger of Heartland Publications, Impressions Med ...
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Private Company
A privately held company (or simply a private company) is a company whose shares and related rights or obligations are not offered for public subscription or publicly negotiated in the respective listed markets, but rather the company's stock is offered, owned, traded, exchanged privately, or Over-the-counter (finance), over-the-counter. In the case of a closed corporation, there are a relatively small number of shareholders or company members. Related terms are closely-held corporation, unquoted company, and unlisted company. Though less visible than their public company, publicly traded counterparts, private companies have major importance in the world's economy. In 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for ($1.8 trillion) in revenues and employed 6.2 million people, according to ''Forbes''. In 2005, using a substantially smaller pool size (22.7%) for comparison, the 339 companies on ...
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Clinton, Connecticut
Clinton is a town in Middlesex County, Connecticut, United States. The population of the town was 13,185 at the 2020 census. The town center along the shore line was listed as a census-designated place (CDP) by the U.S. Census Bureau in the 2020 census. Geography According to the United States Census Bureau, the town has a total area of , of which is land and (14.50%) is water. The CDP corresponding to the town center has a total area of , of which is land and is water. Clinton is bordered by the towns of Madison on the west, Westbrook on the east, and Killingworth on the north. Clinton is directly from Long Island Sound. The town has one town beach named Clinton Beach. Many fishers come to Clinton to catch bluefish. The town center is known as Clinton Center. It is the location of the Clinton Village Historic District, which is listed on the National Register of Historic Places. Cedar Island is located in Clinton Harbor. Other minor communities and geographic features ...
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Newspaper
A newspaper is a periodical publication containing written information about current events and is often typed in black ink with a white or gray background. Newspapers can cover a wide variety of fields such as politics, business, sports and art, and often include materials such as opinion columns, weather forecasts, reviews of local services, obituaries, birth notices, crosswords, editorial cartoons, comic strips, and advice columns. Most newspapers are businesses, and they pay their expenses with a mixture of subscription revenue, newsstand sales, and advertising revenue. The journalism organizations that publish newspapers are themselves often metonymically called newspapers. Newspapers have traditionally been published in print (usually on cheap, low-grade paper called newsprint). However, today most newspapers are also published on websites as online newspapers, and some have even abandoned their print versions entirely. Newspapers developed in the 17th century ...
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Marketing
Marketing is the process of exploring, creating, and delivering value to meet the needs of a target market in terms of goods and services; potentially including selection of a target audience; selection of certain attributes or themes to emphasize in advertising; operation of advertising campaigns; attendance at trade shows and public events; design of products and packaging attractive to buyers; defining the terms of sale, such as price, discounts, warranty, and return policy; product placement in media or with people believed to influence the buying habits of others; agreements with retailers, wholesale distributors, or resellers; and attempts to create awareness of, loyalty to, and positive feelings about a brand. Marketing is typically done by the seller, typically a retailer or manufacturer. Sometimes tasks are contracted to a dedicated marketing firm or advertising agency. More rarely, a trade association or government agency (such as the Agricultural Marketing Servic ...
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Wachovia Capital Partners
Pamlico Capital, which was formerly called First Union Capital Partners and then Wachovia Capital Partners, is an independent private equity firm focused on growth capital and leveraged buyout investments in middle-market companies in the business services, technology services, telecommunications and healthcare industries. The firm, which is based in Charlotte, North Carolina, was founded in 1988 as the private equity investment arm of First Union Corporation. The firm has invested approximately $3.8 billion in more than 200 companies since inception across two funds. The firm is named for the Pamlico Sound, which is located in North Carolina. Investments Among the firm's notable investments are Daxko, Dexter & Chaney, Lightower Fiber Networks, MetaMetrics, Secure-24, Service Express, symplr, TMW Systems and Wilcon. Spinout from Wells Fargo Founded as First Union Capital Partners in 1988, the firm served as the private equity investment arm of First Union, a commercial bank ba ...
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Civitas Media
Civitas Media, LLC was a Davidson, North Carolina-based publisher of community newspapers covering 11 Midwestern, Mid-Atlantic, and Southern states. The company was formed in 2012 via the merger of Heartland Publications, Impressions Media, Ohio Community Media, and Freedom Communications's central division. In 2017, Civitas sold its newspapers in Ohio, Missouri, West Virginia, Kentucky, Illinois, Tennessee, Virginia, North Carolina, South Carolina, and Oklahoma. It kept the ''Times Leader'' in Wilkes-Barre, Pennsylvania Wilkes-Barre ( or ) is a city in the U.S. state of Pennsylvania and the county seat of Luzerne County, Pennsylvania, Luzerne County. Located at the center of the Wyoming Valley in Northeastern Pennsylvania, it had a population of 44,328 in th ... until it sold that newspaper in 2019. References Newspaper companies of the United States Companies based in North Carolina Publishing companies established in 2012 {{US-publish-company-stub Publishing ...
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CNHI
CNHI, LLC (formerly Community Newspaper Holdings, Inc.) is an American publisher of newspapers and advertising-related publications throughout the United States. The company was formed in 1997 by Ralph Martin,Company History: Community Newspaper Holdings Inc.
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and is based in (after moving from in September 2011). The company is financed by, a ...
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Mid-South Management Company
Mid-South Management Company Inc. was a family-owned, Spartanburg, South Carolina-based publisher of small to medium market newspapers in North Carolina, South Carolina, Virginia and Georgia. The company was started in 1948 by Phil Buchheit, who was then publisher and operator of the '' Spartanburg Herald-Journal''. Daily newspapers *'' The LaGrange Daily News'', LaGrange, Georgia *'' The Mount Airy News'', Mount Airy, North Carolina *'' The Laurinburg Exchange'', Laurinburg, North Carolina *'' The Union Daily Times'', Union, South Carolina Non-dailies *'' The Newberry Observer'', Newberry, South Carolina *'' The Pickens Sentinel'', Pickens, South Carolina *'' Easley Progress'', Easley, South Carolina *'' The Stokes News'', Stokes County, North Carolina *'' The Jefferson Post'', West Jefferson, North Carolina *'' Rural Hall Weekly Independent'', Rural Hall, North Carolina *''The Tribune'', Elkin, North Carolina *''The Yadkin Ripple'', Yadkinville, North Carolina *''The Pil ...
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Chapter 11 Bankruptcy
Chapter 11 of the United States Bankruptcy Code (Title 11 of the United States Code) permits reorganization under the bankruptcy laws of the United States. Such reorganization, known as Chapter 11 bankruptcy, is available to every business, whether organized as a corporation, partnership or sole proprietorship, and to individuals, although it is most prominently used by corporate entities. In contrast, Chapter 7 governs the process of a liquidation bankruptcy, though liquidation may also occur under Chapter 11; while Chapter 13 provides a reorganization process for the majority of private individuals. Chapter 11 overview When a business is unable to service its debt or pay its creditors, the business or its creditors can file with a federal bankruptcy court for protection under either Chapter 7 or Chapter 11. In Chapter 7, the business ceases operations, a trustee sells all of its assets, and then distributes the proceeds to its creditors. Any residual amount is returned to t ...
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Freedom Communications
Freedom Communications, Inc., was an American media conglomerate that operated daily and weekly newspapers, websites and mobile applications, as well as ''Coast Magazine'' and other specialty publications. Headquartered at 625 N. Grand Avenue in Santa Ana, California, it was owned by a private equity firm, 2100 Trust, established in 2010 by investor Aaron Kushner Freedom's flagship newspaper was the ''Orange County Register'', based in Santa Ana. Ownership Founder R.C. Hoiles gained a one-third interest in his first newspaper (''The Alliance Review'' in Ohio) sometime in the 1910s. He and his brother Frank bought many more local newspapers over the next several decades. In 1935 he moved his base of operations to Santa Ana, California, and in 1950 he incorporated his syndicate as Freedom Newspapers, Inc. It was renamed Freedom Communications in 1993. Freedom was operated as an entirely family-owned business until 2004, when private-equity firms Blackstone Group and Providence Eq ...
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Impressions Media
{{Infobox company , name = Impressions Media , logo = , type = Private , foundation = {{start date, 1939, as Wilkes-Barre Publishing Company , location = 15 North Main Street,Wilkes-Barre, Pennsylvania 18711, United States , locations = , key_people = Prashant Shitut, CEOAllison Uhrin, CFOJoe Butkiewicz, exec. editor , area_served = Northeastern Pennsylvania , industry = Newspapers, marketing , products = ''Times Leader'' and several weekly newspapers , services = , revenue = , operating_income = , net_income = , num_employees = , parent = Versa Capital Management , divisions = , subsid = , homepage www.impressionsmedia.biz, footnotes = Impressions Media is an American privately owned publisher of newspapers in Northeastern Pennsylvania, USA. It is headquartered in Wilkes-Barre, Pennsylvania, and owned by Philadelphia-based Ver ...
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Ohio Community Media
Ohio Community Media was an American privately owned publisher of daily and weekly newspapers, primarily in the state of Ohio. It was headquartered in the Dayton suburb of Miamisburg, Ohio, and was owned by Philadelphia-based Versa Capital Management. History Most of the company's holdings comprise the Ohio core of Brown Publishing Company, a family-owned publisher based in Cincinnati that declared bankruptcy in April 2010. In September of that year, Brown's 14 Ohio dailies and about 50 weekly publications were transferred to Ohio Community Media, a new entity owned by Brown's creditors, in a transaction valued at $21.75 million. Over the next few months, the new company sold a "mini-empire" of business newsweeklies that Brown had assembled starting in 2007, unloading titles in such far-flung cities as Charleston, South Carolina; Cheyenne, Wyoming; Fort Worth, Texas; and Naperville, Illinois. Versa completed its purchase of Ohio Community Media for an undisclosed price in May 2 ...
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