D-R Media and Investments is buying Sun Publications of
Florida from Lakeway Publishers according to Cribb, Greene & Cope, who
represented Lakeway Publishers in the transaction.
Terms of
the transaction were not disclosed.
Publications
include the Sumter Shopper, The Clermont News Leader, the Four Corners News
Leader, the Mt. Dora Triangle News Leader and the commercial printing
operations based in Polk County ,
Florida .
“We are
excited to add the weeklies and printing operations of Sun Publications to our
existing weeklies in Polk County and to our daily newspaper in Highlands County ,
helping us create a larger presence in central Florida . We think the Florida market is a vibrant growth market
for newspapers,” said D-R Media founder David Dunn-Rankin.
“Serving
the central Florida
readers and advertisers during the past few years had been rewarding and a
pleasure. Our staff has produced quality papers and we are very pleased that
David Dunn-Rankin and family with their experience and background, will be
expanding their presence in central Florida .
Community newspapers are a vital party of local communities and are very
important to the citizens that live and work in them,” said R. Jack Fishman,
president of Lakeway Publishers.
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