GateHouse Media, owner of The Helena-West Helena World (Arkansas ), has a deal to
sell the paper to local entrepreneur Chuck Davis, the paper reported. https://www.helena-arkansas.com/news/20190905/local-businessman-enters-into-agreement-to-purchase-world-continue-legacy
The
transaction was expected to happen Sept. 9.
“This
change in ownership will allow The Helena-West Helena World to continue serving
this great community, and we are delighted that closure is being avoided,” said
Matt Guthrie, GateHouse regional vice president.
“We need to
control our own destiny,” Davis
said of his investment. “Our investment group feels that the newspaper is an
integral part of this concept.”
The Sept. 6
issue was the last Helena-West Helena World publication under GateHouse
ownership. Davis
said he plans to reboot weekly publishing and is looking at online publishing
also, the paper said.
Existing
subscribers to The Helena-West Helena World will get refunds from GateHouse
Media no later than Oct. 6 for the balance of their subscriptions.
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