Community Publishers Inc. of Bentonville, primarily owned by Jim Walton, has reached an agreement to sell its remaining newspapers in Oklahoma to Berkshire Hathaway Media Group.
And with that — after doing business for more than three decades and at one point employing more than 300 people in three states — CPI will officially close its doors.
CPI president Steve Trolinger wouldn’t confirm BHMG as the buyer of the Oklahoma newspapers, but said an announcement would be made by the end of the month.
“It’s been a great 33-year run,” Trolinger told Whispers, adding that he plans to retire. “Some good journalism, and great employees. No regrets.”
CPI owns seven newspapers in Oklahoma — the Broken Arrow Ledger, the Coweta American, the Owasso... [ MORE ]