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Harris Enterprises, Inc.—a Kansas-based publisher of local publications for Central Kansas and Eastern Iowa—has been acquired by New Media Investment Group Inc. (NYSE:NEWM) for $20.4 million after being privately held for over 100 years.
Among the titles included in the purchase: The Hutchinson News (26,200 daily circulation), Salina Journal (24,900 daily circulation), The Burlington Hawk Eye (15,200 daily circulation), The Hays Daily News (8,000 daily circulation), The Garden City Telegram (6,700 daily circulation), and The Ottawa Herald (3,600 circulation, published three times per week). The acquisition also includes multiple weekly and niche print products, as well as press facilities and all related websites and other digital operations.
New Media Investment Group is one of the largest publishers of locally based print and online media in the United States, operating in more than 525 markets across 36 states.