2 Alaska newspapers sold to foundation
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FAIRBANKS (AP) — The Fairbanks Daily News-Miner and another Alaska newspaper are being sold.
The News-Miner announced Monday that the newspaper and the Kodiak Daily Mirror are being purchased by the Fairbanks-based Helen E. Snedden Foundation, which was created by the late wife of former News-Miner publisher Charles W. Snedden.
The deal is expected to close early next year. The sales price was not immediately disclosed.
The current owner, William Dean Singleton, and late business partner Richard B. Scudder bought the Fairbanks paper from Snedden heirs in 1992.
The Snedden family owned the...
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