A busy year for mergers and acquisitions has continued with River City Newspapers buying the Mohave Valley Daily News and other titles.
River City – based in Lake Havasu City, Arizona – is buying the paper from Brehm Communications, along with weeklies the Wickenburg Sun, Laughlin Times and Needles Desert Star. Also in the deal is direct mailed product Clippin’ the River, the Laughlin Entertainer, and the Booster Advertiser. Dirks, Van Essen & April represented BCI in the transaction, terms of which were not disclosed.
In a separate transaction, River City Newspapers will also acquire the Kingman Miner and the Central Printing Facility in Golden Valley from Prescott-based Western News & Info.
River City Newspapers is the publisher of the daily Today’s News-Herald for Lake Havasu City, as well as the weekly Parker Pioneer and a quarterly lifestyle magazine. River City Newspapers is a partnership formed in 1995 between Western News & Info, Inc. and Sierra Vista-based Wick Communications.
Wick Communications president and chief executive Francis Wick said the expansion of the company brought “new opportunities for collaboration between editors, reporters and other employees” of the affiliated newspapers.
Rich Macke – hired in December as RCN’s president and publisher - will continue to lead the organisation. He said the growth will allow for greater marketing opportunities for local businesses and expanded news coverage across Mohave County, the Tri-State Area and Wickenburg.
“Our goal is simple, to create and distribute the best local news content we can to the communities we serve through our print and digital publications, and help local businesses thrive by creating unique marketing opportunities to serve their needs.”
Brehm Communications president and chief executive Ryan Schuyler said the transaction was “bittersweet”, his family having been in the newspaper business for more than 102 years. “However we felt it was time to pass these amazing publications and employees to a new home. “We have a great relationship with RCN (Wick and Western) and believe the newspapers and employees are in good hands for years to come.”
Pictured: London Bridge in Lake Havasu City