MORRIS
SELLS WESTERN SLOPE PUBLICATIONS
Augusta,
Ga. - Augusta-based Morris Communications Corp. has sold
its Western Slope Publishing Group newspapers and a shopper
in Colorado to Swift Newspapers Inc. of Reno, Nev., which
owns five daily newspapers in Colorado.
President Will Morris made the
announcement Friday, the day the transaction was finalized.
No purchase price was disclosed.
Sold were a daily, The Glenwood
Post in Glenwood Springs; five nondailies: The Citizen
Telegram in Rifle, the Eagle Valley Enterprise
in Eagle, the Roaring Fork Sunday in Basalt, the Valley
Journal in Carbondale and the Snowmass Village Sun;
and a free community paper (shopper), the Bargain Hunter
in Glenwood Springs. Morris Communications' two Best Read
Guides in Colorado and Aspen.com were not included in the
transaction.
"We found ourselves reassessing
our needs, and this seemed the logical choice for us to make,"
Morris said. "We feel good about Swift Newspapers, and we
think that company will serve these properties and these communities
well."
The Glenwood Post was
included in Morris Communications' purchase of Topeka, Kan.-based
Stauffer Communications Inc., completed in June 1995. The
nondailies and the shopper were purchased in 1997 and 1998.
A privately held media company,
Morris Communications, after the sale, owns 30 daily and nine
nondaily newspapers. Its diversified holdings also include
magazines and specialized publications, travel guides, outdoor
advertising, radio broadcasting, book publishing and distribution
and computer services.
The Colorado dailies owned by
Swift Newspapers, a privately held company, are the Summit
Daily News in Frisco, the Greeley Daily Tribune,
the Vail Daily, the Aspen Daily Times and the
Glenwood Independent. Swift also owns dailies in California,
Nevada and Oregon, as well as nondaily newspapers and farm
and ranch publications..