What? Is The Cynthiana Democrat for sale? Maybe. At least, the parent company, Landmark Communications, is looking into possibly selling off some of it's subsidiaries:
Landmark's CEO, Frank Batten Jr., said in a statement Thursday that the privately held company has retained JPMorgan and Lehman Brothers to help it explore possible sale scenarios.
Landmark's companies include The Weather Channel, two television stations, a marketing and design firms, a broadband Internet service provider, and a handful of publishing firms; including Landmark Community Newspapers, Inc., which publishes 54 newspapers nationwide (parent company to The Cynthiana Democrat). While no official word of any interested buyers, or whether Landmark will sell off any portion of it's interests has been released, the Associated Press has quoted Batten as saying, "At this early stage, we cannot speculate on where this process will lead." No further comments from Batten have been made. (Landmark, 2008)
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Online: Landmark Communications: http://www.landmarkcom.com[1] Landmark Community Newspapers: http://www.lcni.com[2] The Cynthiana Democrat: http://www.cynthianademocrat.com[3] The Weather Channel: http://www.weather.com[4]
1: https://web.archive.org/web/20080914182003/https://www.landmarkcom.com/
3: http://www.cynthianademocrat.com/
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REFERENCES Hoover's, Inc. (2008) Landmark Communications, Inc. company history. Retrieved January 3, 2008 from Jacobs, G. (n.d.) Our History. The Cynthiana Demorcat. Retrieved January 3, 2008 from http://www.lcni5.com/cgi-bin/storyviewnew.cgi?081+section+ServicesAbout[5]
5: http://www.lcni5.com/cgi-bin/storyviewnew.cgi?081+section+ServicesAbout
Landmark Communications Explores A Sale (2008) Associated Press. Retrieved January 3, 2008 from
Tags: #randomness
I just clicked through the Democrat's site, and found an editorial written by George Jacobs, Publisher for The Cynthiana Democrat[1]. In his writing, Mr. Jacobs states how he was informed, and how he and his staff felt upon hearing the news. Jacobs concludes his article by saying:
1: http://www.cynthianademocrat.com
In a meeting after the dust settled last week, I told employees that there are uncertainties ahead. But, because of what we have learned and the resources we have received as a Landmark newspaper, we can help make any company better.
With that, it's time to get back to work and serve our readers, advertisers and commercial printing customers. Whatever else happens, is beyond our control.
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