McClatchy to sell Anchorage Daily News to Alaska Dispatch Publishing for $43M

theflyonthewall.com

Alaska Dispatch Publishing, the owner and publisher of Alaska Dispatch, has reached an agreement to purchase the Anchorage Daily News from McClatchy. The purchase price is $34M, payable at closing, which is anticipated to occur in May. The transaction covers the Anchorage Daily News, their website, and the newspaper's real property and operations in Anchorage. After the purchase is completed, the real estate assets of the Anchorage Daily News will be sold by Alaska Dispatch to a private local buyer. The Anchorage Daily News will continue operations as a tenant from its East Anchorage location.

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