Mr. and Mrs. John Badoud Jr. have sold the stock of Badoud Communications, Inc. to Advance Publications, Inc. (Newhouse Newspapers) of New York, according to John T. Cribb, Bolitho-Cribb & Associates, who represented the Badouds in the transaction.

Badoud Communications, Inc. owns and operates Valley Media, Inc. which publishes twelve free weekly newspapers with 191,000 circulation in the suburban Grand Rapids, Michigan market area. The Valley Media, Inc. weeklies are tabloid size with a 35% newshole, and are delivered by carrier on Tuesday/Wednesday. Also included in the sale is On-The-Town Magazine in Grand Rapids as well as a commercial web printing operation and related real estate.

Bolitho-Cribb & Associates is a publishing brokerage firm with offices in Montana, Wyoming, Florida, and Wisconsin.

Published August 17, 1999

Grand Rapids, MI