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Deal reached for sale of Bogalusa, La. newspaper

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News,Business,Louisiana,Media

BOGALUSA, La. (AP) — The owners of The Daily News say they have reached an agreement to sell the newspaper and place it under the management of Boone Newspapers Inc.

The Daily News reported (http://bit.ly/1pkBzsE) Friday that its current owners, Wick Communications, are working to complete the sale of the newspaper to a newly formed Louisiana entity, Bogalusa Newsmedia LLC, which will continue to publish the newspaper, its website and all affiliate publications.

Bogalusa Newsmedia is a wholly owned subsidiary of Carpenter Newsmedia LLC, which also owns newspapers in Mississippi, including The Picayune Item and The Poplarville Democrat. The company is controlled by Todd H. Carpenter, of Natchez, Miss., president and chief operating officer of Boone Newspapers.

Sandy Cunningham will continue as publisher of The Daily News.

Boone Newspapers is based in Tuscaloosa, Ala.; Wick Communications is headquartered in Sierra Vista, Ariz.

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