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Journal
Register Company (NYSE: JRC) - announced
today that it has completed the acquisition of 21st
Century Newspapers, Inc., a privately-held operator of one
of the largest newspaper clusters in the United States
TRENTON, NJ, August 13, 2004
The
acquisition increases Journal Register Company's holdings
to 27 daily newspapers, with combined daily circulation of
approximately 650,000 and Sunday circulation of
approximately 675,000, and 327 non-daily publications,
with combined non-daily distribution of over 5 million. The
JRC Publications
The Michigan newspaper group
is the largest and most comprehensive newspaper cluster, and
one of the largest in the United States. The Michigan
based daily, weekly and shopper company distribute some 2.3
million copies each week and 63
percent of the counties in lower
Michigan. The Readership extends from Lake Erie to
the Straits of Mackinac and the Lower Peninsula’s counties.
The acquisition includes four daily newspapers (The Daily Oakland
Press, The Macomb Daily, The Daily Tribune in Royal Oak, and
The Morning Sun in Mount Pleasant) with combined average
daily net paid circulation of approximately 137,500 and
combined average Sunday net paid circulation of
approximately 176,000.
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