Central Newspapers seek buyer

Article Abstract:

Central Newspapers has hired the services of investment firm Donaldson Lufkin & Jenrette to look for a company willing to buy or merge with the newspaper publisher. The announcement caused a 65% increase in Central's share price which went up from $20.50 to $52. The company publishes 'Arizona Republic,' which has a circulation of 482,000 readers and the 'Indianapolis Star,' with a circulation of 267,000. Its annual revenues rose by 5% in 1999, reaching $326 million.

Use of services, Newspapers, Newspaper publishing, Central Newspapers Inc.

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Newspapers prepare for slower growth in ad sales

Article Abstract:

Newspaper companies' share prices have dropped due to a combination of anticipated softer advertising revenue and higher newsprint prices. A softening demand for advertising led by retailers and Internet companies is an indication that the economy is slowing down. Thus, the newspaper industry is expected to post approximately 5% year-over-year advertising revenue growth through the rest of 2000.

Sales, profits & dividends

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Go won't offer free Internet access

Article Abstract:

Go Network does not plan to follow other major Internet access providers in giving free Internet access. The main reason, according to Go Network Pres Steve Wadsworth, is that free service will not attract higher-income Internet shoppers or surfers. A study shows that free access users are usually younger, less affluent and spend less hours on the Internet than traditional users.

Services information, Internet service providers, Go Network

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