Business & Tech

Osseo-Maple Grove Press, Sun Newspapers to be Sold

ECM Publishers, based in the northern suburbs, has signed a letter of intent to purchase Minnesota's Sun Newspapers, owners and operators of local labels like the Osseo-Maple Grove Press, Champlin-Dayton Press and Brooklyn Park Sun Post.

 

The owners of the Osseo-Maple Grove Press, a longstanding newspaper of record in Maple Grove, have been approached by another publisher to sell its group of community-based papers. 

ECM Publishers, based in Coon Rapids, has signed a letter of intent to purchase Minnesota Sun Newspapers, a division of American Community Newspapers, with the transaction happening as soon as both sides reach an agreement. 

Find out what's happening in Maple Grovefor free with the latest updates from Patch.

According to a press released issued on Minnesota Sun's website, Minn Local, the transaction will combine a pair of suburban powerhouses.

"Both ECM and the Sun Group are composed of newspapers, shoppers, and websites. ECM publishes 15 newspapers and six shoppers with total weekly circulation of 155,000 and 191,000 respectively. The Sun Group publishes 32 newspapers and two shoppers with total weekly circulation of 357,000 and 38,000 respectively. ECM websites attract 1,000,000 page views a month, and Sun Group websites attract 461,000 page views per month," the release states. 

Find out what's happening in Maple Grovefor free with the latest updates from Patch.

Minnesota media pundits were already reacting to the news. MinnPost's David Brauer had news of the pending transaction on his blog Monday afternoon.

Closer to home, ECM publishes the Star News and the "ABC" group of papers (Anoka, Blaine and Coon Rapids) to cover the northwest suburbs.

Dirks, Van Essen & Murray based in New Mexico, represented American Community Newspapers in the transaction. ACN recently agreed to sell its holdings in Ohio, as well. 

Minnesota's Sun Newspapers is primarily based out of offices in Osseo and Eden Prairie. 

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