Archive for Saturday, June 2, 2001

WorldWest LLC sells New Mexico newspapers

June 2, 2001

Advertisement

Three New Mexico newspapers owned by WorldWest Limited Liability Company of Lawrence have been sold to major publishers with other New Mexico operations.

The sales closed Thursday, said Dolph C. Simons III and Dan Simons, co-managers of WorldWest. Terms were not disclosed.

They said the Valencia County News Bulletin in Belen, N.M., and El Defensor Chieftain in Socorro, N.M., have been acquired by Number Nine Media Inc., a new subsidiary of Journal Publishing Co. of Albuquerque, N.M.

Journal Publishing publishes the Albuquerque Journal, The Sunday Journal, and several zoned editions of the Albuquerque Journal. Another subsidiary publishes the Mountain View Journal in the east mountain area of Albuquerque.

Las Cruces Publishing Co. has acquired the Ruidoso News, the Simons brothers said. Las Cruces Publishing Co. is affiliated with Denver-based MediaNews Group Inc., the country's seventh-largest newspaper company. Other papers in New Mexico associated with the ownership group include those in Deming, Farmington, Las Cruces, Alamogordo, Silver City and Carlsbad.

WorldWest acquired its New Mexico newspapers in June of 1994. Dolph Simons III said the company would refocus strategies toward continued operations in Kansas, Colorado and Arizona. WorldWest owns papers in Payson, Ariz., and Craig, Steamboat Springs and Hayden, Colo.

WorldWest was created as a company by the ownership of The World Company, which operates the Journal-World in Lawrence and weekly newspapers in Tonganoxie, Basehor, Bonner Springs-Edwardsville, De-Soto, Eudora and Baldwin.

Dirks, Van Essen and Murray, a newspaper merger and acquisition firm in Santa Fe, N.M., represented WorldWest in the transactions.

Commenting has been disabled for this item.