The sale is expected to be completed this
summer.
“We are proud to have been associated with the
New Jersey Herald for more than 50 years,” said Ralph Oakley, CEO of Quincy
Media. “The paper has done a wonderful job of covering the Sussex County
area. This change in ownership will allow the newspaper to continue as a very
important institution in this region.”
The New Jersey Herald building in Newton is not included in
the sale to GateHouse, and will be sold, the paper said. The new owners are
seeking out other locations for the Herald's operations going forward, the
paper said.
GateHouse is a subsidiary of New Media
Investment Group. The company operates in over 615 markets across 39 states.
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