American Consolidated buys more

According to Forbes Magazine, Jeremy Halbreich and American Consolidated Media LLC said Wednesday it has bought the publishing assets of Kimberling City Publishing Co. Inc., including the Columbus Daily Advocate in Columbus, Kan.
Financial terms were not disclosed.
The sale also included two weekly publications, The Baxter Springs News in Baxter Springs, Kan., and the Border Star Shopping Guide of Cherokee County, Kan.
American Consolidated is the owner of the Waxahachie Daily Light and several other papers in the area including the Midlothian Mirror, Ennis Journal, Ellis County Chronicle and the Alvarado Post.
The company was purchased and became a subsidy of Macquarie Media Group of Australia. The acquisitions give American Consolidated 10 daily newspapers and 58 other publications in Texas, Oklahoma, Kansas, Minnesota, Wisconsin and Michigan.

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Jonathan Blundell

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