Media Moves

NJBIZ parent purchases business journal

December 12, 2011

Posted by Chris Roush

The parent company of NJBIZ, Journal Publications Inc., has announced it plans to purchase the Eastern Pennsylvania Business Journal from EPBJ LLC, owned by Brandon Eyerly and Paul Eyerly, for an undisclosed amount.

Sharon Waters of NJBIZ writes, “JPI also owns the Central Penn Business Journal, which is based in Harrisburg.

“Founded in 1990, the Eastern Pennsylvania Business Journal is a weekly publication that provides business news to an eight-county region, including Lehigh, Northampton, Berks, Carbon, Schuylkill, Monroe and northern Bucks and Montgomery counties.

“‘We are excited to add the Eastern Pennsylvania Business Journal to our family of publications,’ said David Schankweiler, CEO and publisher of JPI. ‘We have aggressive plans to grow print, Web and live event products in the Lehigh Valley to meet the increasing business information needs of the region.’

“The acquisition is expected to be finalized by the end of the year. The Eastern Pennsylvania Business Journal will continue to operate out of its current facility in Bethlehem.”

Read more here.

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