Freedom Communications board weighs sale options this week
The Irvine based Freedom Communications Inc a family owned media group with 28 daily newspapers 37 weeklies and eight TV stations considers five options including an outright sale merger public stock offering recapitalization or asset sales Experts say a sale or merger is most likely and a special stockholders meeting could be held later this month or in April The board reviews Morgan Stanley analysis and family member Tim Hoiles contemplates fair value for all shareholders
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Los Angeles
Freedom Communications Inc
Freedom
Oelsteeen Descendants of Freedom
R.C. Hoiles
Morgan Stanley
Tim Hoiles
It Board
John Morton
Dean
Silver Spring
Morton
Orange County Register
the Gazette
Colorado Springs
Colo
Freedom Group owns daily and weekly papers plus TV stations
The Freedom Group Freedom Communications Inc based in California publishes 28 daily newspapers and 37 weeklies and owns eight television stations. Properties include Metro Newspapers The Orange County Register The Gazette Colorado Springs East Valley Tribune Scottsdale BWW and Lansing Michigan.
MENTIONED IN THIS ARTICLE
Freedom Communications Inc
Mine, Cailif
Metro Newspapers
The
Orange County Register
the Gazette
Colorado Springs
Iwo Jima Leads Norfolk Amphibious Group Departure
In Norfolk and nearby bases three ships the Iwo Jima Nashville and Carter Hall began a maiden and final near term deployment. About 2 000 sailors will ferry 2 200 Marines from Camp Lejeune’s 26th MEU to Morehead City North Carolina. A banner on the Iwo Jima bears Let’s Roll and a Bush quote with World Trade Center twins.
MENTIONED IN THIS ARTICLE
Norfolk, Va
Iraq
David C. Taylor
Amphibious Squadron Six
Iwo Jima
Norfolk Naval Station
Nashville
Carter Hall
Little Creek Naval Amphibious Base
Morehead City
N.C
26Th Marine Expeditionary Unit
Camp Lejeune
Bush
World Trade Center
Norfolk Naval Base
Norfolk
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BT J Lanee
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Karina Ramirez
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Joy McBride
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William Venende Charlotta Washington