SCRANTON, Pennsylvania
,
September 1, 2023
(press release)
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Times-Shamrock Communications is selling its newspaper group, including The Scranton (PA) Times-Tribune, to MediaNews Group effective Thursday, CEO Jim Lewandowski announced. The Times-Shamrock family of newspapers reaches a combined readership of more than a million in Northeastern Pennsylvania. Dirks, Van Essen & April, a media merger and acquisition firm based in Santa Fe, New Mexico, represented Times-Shamrock Communications in the transaction. Terms were not disclosed. The sale, announced during an all-staff Zoom meeting, includes the company’s four daily newspapers — The Times-Tribune, The Citizens’ Voice, The Republican Herald and The Standard Speaker — as well as its weekly and periodic newspapers, commercial printing operations, Absolute Distribution Inc. and Times-Shamrock Creative Services. It does not include the Times-Shamrock’s radio or billboard operations, or the Scranton Times Building.
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