A U.S.
bankruptcy court in late June approved EO Media as the successful bidder to
acquire two newspapers owned by Western Communications, the La Grande Observer reported.
The two
papers, the La Grande Observer and Baker City Herald, cover markets in Eastern Oregon .
“We're very
pleased to have La Grande and Baker
City as part of EO Media
Group," said Heidi Wright, CEO of EO Media Group. “Being able to continue
the legacy of Oregon-based family ownership of these papers is an
honor. The purchase of these papers gives our company a greater
ability to serve the region in a more effective way. This will grow EO Media
Group's presence in rural Eastern Oregon from four
newspapers to six.”
EO Media
Group is headquartered in Salem , Oregon , and owns daily newspapers in Astoria
and Pendleton , Oregon ,
weekly newspapers in Oregon and southwest Washington , and Capital
Press, a regional agricultural publication.
Merger and acquisition
firm Cribb, Greene & Cope assisted EO Media in preparing its bid.
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