Stephens Buys Florida Newspaper at 7 Percent of 2006 Value

by Sam Eifling  on Thursday, Mar. 25, 2010 8:59 am  

After a federal judge in Daytona Beach, Fla., approved the sale of the News-Journal Corp. for $20 million on Tuesday, Little Rock venture capitalists stood to take ownership of a media company the court valued at $272 million just four years ago.

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