Lakeway Publishers of Florida, Inc. and Independent Publications, Inc. jointly announced the acquisition and sale of Sun Publications of Florida, Inc., according to Gary Greene, Cribb, Greene & Associates who represented IPI in the transaction.
Sun Publications has owned and published newspapers and shoppers in the central Florida area for ten years. Newspapers or shoppers included in the transaction are the Osceola News-Gazette in Kissimmee, Clermont News Leader, Four Corners News Leader, The Triangle News Leader, The Sumter Shopper and the Pasco Shopper.
Lakeway Publishers, Inc. publishes newspapers, magazines, and specialty publications in Tennessee, Missouri and Virginia. R. Jack Fishman, president of Lakeway said, “We are pleased that IPI selected our company to continue the traditions of community journalism in these communities. We believe people are what matter and we feel that the excellent staff at each of the properties is committed to this cause.”
Dennis Wilkinson, Vice President of Sun Publications said, “We are excited about being a part of Lakeway Publishers. We look forward to growing and expanding under the Lakeway Group.”
Cribb, Greene & Associates is a ninety year old newspaper brokerage, appraisal and consulting firm with offices in Charlottesville, Virginia and Bozeman, Montana.