OLD Media Moves

Fort Worth business newspaper is sold

September 23, 2007

Posted by Chris Roush

The Fort Worth Business Press has been sold to Brown Publishing Co., a family-owned publishing group based in Cincinnati, according to a story in the paper by Robert Francis.

Fort Worth Business PressFrancis wrote, “The sale was finalized on Sept. 19. No purchase price was disclosed. Richard Connor, owner and publisher of the Business Press since October 2001, will remain associated with the newspaper under a consulting agreement with the new owners, according to Roy Brown, president and CEO of Brown Publishing Co.

“‘I will continue to write a weekly column, make story suggestions, and represent the newspaper at our signature events honoring important citizens in Fort Worth,’ Connor said. ‘The new owners and I are viewing this as the beginning of a partnership.’

“Bruce McGonnigal, who heads up the division of Brown Publishing Co., that includes the BusinessPress, said keeping Connor involved is important. ‘I’m looking forward to working with the folks atthe Business Press,’ McGonnigal said. ‘I feel there is a lot of opportunity to continue what Rich has done to date. To have Rich as an ongoing partner and resource is a real key to the success here.'”

Read more here.

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