Glen Rose Reporter owner sells three divisions in Northeast

soldBy Dan Malone

Contributing Editor

The company that owns newspapers in Glen Rose, Stephenville and dozens of other communities in Texas, Oklahoma and Kansas this week sold 34 other print publications based in the Northeast United States.

The sale by Irving-based American Consolidated Media of three of its newspaper divisions was announced Thursday by the buyer, Adams Publishing Group in Minneapolis. The purchase price was not disclosed.

In addition to the Glen Rose Reporter and the Stephenville Empire-Tribune, ACM also owns newspapers in Brownwood, Alvarado, Midlothian and Waxahachie.

ACM bills itself as a “new digital community.” The company has been transitioning its print products to websites and news apps.

Ownership of and investment in the privately owned company has been in flux during recent years.

The company was founded by Jeremy Halbreich, a former general manager and president of The Dallas Morning News. For a while, it was owned by an Australian multi-national conglomerate. Later, control was assumed by some of the company’s creditors.

What the sale means for readers and communities continuing to be served by ACM was not immediately clear. Neither Scott Wright, ACM’s chief executive officer, nor Rick Rogers, vice president of operations, responded to requests for interviews Thursday.

The family-owned Adams Publishing Group controls newspapers and other publications in Minnesota, Ohio, Wisconsin and the Chesapeake Bay area.

 

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