Showing posts with label Australia and Iron Range and Macquarie Media group. Show all posts
Showing posts with label Australia and Iron Range and Macquarie Media group. Show all posts

Wednesday, February 20, 2008

Australia MMG Owns Mesabi Daily News.

"June 11 2007 (Reuters) - MCG Capital Corp. said it agreed to sell Superior Publishing Corp., to American Consolidated Media LLC, a newspaper operating company of Australia's Macquarie Media Group (MMG.AX: Quote, Profile, Research), for about $65 million. http://www.reuters.com/article/mergersNews/idUSWNAS369820070611"

NOTE: ACM is a wholly-owned subsidiary of MMG.


"Along with the Mesabi Daily News, the Daily Tribune in Hibbing and the Grand Rapids Herald Review, Superior Publishing owns the Chisholm Tribune-Press, the Cook County News-Herald in Grand Marais and the Pilot-Independent in Walker, as well as Wisconsin�s Ashland Daily Press, the County Journal in Bayfield, the Sawyer County Record in Hayward, the Spooner Advocate, the Park Falls Herald, the Bee in Phillips and the Gladwin County Record and Clarion in Michigan. The company also has several shoppers and associated publications. http://www.northlandconnection.com/lake/news.php?NWArticleID=1344"