Heritage Partners Inc. bought
a share in two daily newspapers in Southeastern Massachusetts,
the Boston Herald said.
Closely held Heritage bought a stake in Enterprise NewsMedia
LLC’s Patriot Ledger of Quincy and the Brockton Enterprise, the
newspaper said. Terms of the purchases weren’t disclosed. It
wasn’t disclosed whether Boston-based Heritage would hold a
minority or majority stake in the publications, the Herald said.
“It’s a meaningful ownership position,” Heritage General
Partner Michael Gilligan told the paper.
Bloomberg News
