FARGO, N.D. – Forum Communications says it has agreed to buy the Rochester Post Bulletin, the afternoon newspaper in southeastern Minnesota.
Forum, a Fargo-based news company with media holdings across the Upper Midwest, said Thursday that it expects to close the deal with Small Newspaper Group about June 1. Terms were not disclosed.
The sale does not include the newspaper's downtown offices or printing plant, Forum said. After the sale, the paper is expected to be printed at Forum's Red Wing plant. But journalists, salespeople and office staff will continue to work in the downtown building for now.
The Post Bulletin covers nine southeastern Minnesota counties, with an average daily circulation of 27,395, Forum said. Family-owned Small, based in Kankakee, Ill., had owned the paper since 1977.
Forum also owns newspapers in Fargo, Grand Forks, N.D., and Duluth. Post Bulletin President Len R. Small told the employees the new owners were "worthy custodians" of the company.
STAFF, WIRE REPORTS
