BH Media Group acquires Tulsa area newspapers

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Community Publishers, Inc. of Bentonville, Ark., has sold its six weekly Tulsa area community newspapers and the daily Tulsa Business and Legal News to BH Media Group.

Read more from Dirks, Van Essen & Murray – in the 1st Quarter 2015 newsletter.
Dirks, Van Essen & Murray, a merger and acquisition firm based in Santa Fe, N.M., represented CPI in the sale.  Terms of the sale were not disclosed.

The Oklahoma publications, together with their website www.neighbornews.com, are a leading provider of local news and information for the communities surrounding metro Tulsa and its business community.  Together, the Broken Arrow Ledger, Sand Springs Leader, Coweta American, Wagoner Tribune, Owasso Reporter and Skiatook Journal reach more than 30,000 households each week.

"Community Publishers is proud of its long and successful association with these Tulsa area community newspapers.  And pleased that they will continue to serve the readers and advertisers in their respective markets under such an outstanding media organization as BH Media," Steve Trolinger, CPI CEO said.

"We're delighted to have the Oklahoma weeklies, along with the daily Tulsa Business and Legal Review, join our growing family of newspapers," said Terry Kroeger, CEO of  BH Media Group.  "We look forward to the opportunity to continue the tradition of community-minded journalism that the Community Publishers team has demonstrated during their ownership.  We also want to welcome the employees to our company and are looking forward to working with them."

BH Media Group, headquartered in Omaha, is a wholly owned subsidiary of Berkshire Hathaway Company.  BH Media Group owns 30 daily newspapers and related weekly newspapers in Nebraska, Iowa, Texas, Oklahoma, Virginia, North Carolina, South Carolina, Alabama, Florida and New Jersey.

Tulsa, Community Publishers, BH Media Group, Dirks, Van Essen & Murray, Trolinger, Kroeger
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