New Media Investment Group Inc. said Thursday that it will purchase "substantially all of the assets of Stephens Media" for $102.5 million in cash. Stephens Media is jointly owned by Warren Stephens and his cousins, Witt Stephens Jr. and Elizabeth Stephens Campbell.
The corporate owners of the Las Vegas Review-Journal want a federal judge to drop two top executives from a lawsuit by the editor-publisher of the rival Las Vegas Sun that aims to block buyout attempts.
The corporate owners of the Las Vegas Review-Journal cleared one hurdle Friday in a bid to buy out the family publishers of their cross-town rival and end a joint operating agreement with the Las Vegas Sun.
Today, the New York Times takes a closer look at a skirmish involving Stephens Media and the newspapers it controls in Las Vegas. At the heart of the matter is a family dispute over the future of the Las Vegas Sun.
The publisher-editor of the Las Vegas Sun has accused the company that owns the Las Vegas Review-Journal of trying to kill the cross-town rivalry with a bid to buy out his newspaper and Internet interests.