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New Media Investment Group Inc announces two acquisitions with total purchase price of $15.3 mln

Tuesday, 1 Jul 2014 07:09am EDT 

New Media Investment Group Inc:It has completed two acquisitions of American Consolidated Media Southwest and Petersburg Progress-Index.Acquisitions for total purchase price of $15.3 mln.American Consolidated Media Southwest (ACM SW) - The ACM SW operations are comprised of five daily, nine weekly newspapers and four shoppers centered on small-market communities in Texas, Oklahoma and Kansas.Petersburg Progress-Index Assets include one daily newspaper, The Petersburg Progress-Index, as well as a weekly publication, The Colonial Voice, in a growing market 25 miles south of Richmond, Virginia.