Last Wednesday, it was announced that the Minneapolis Star Tribune had bought City Pages from the Denver based Voice Media Group. This deal creates an uncommon coupling of the biggest alternative weekly in the Twin Cities and the biggest news organization in Minnesota. Terms of the deal were not disclosed. It is expected that the deal would close in a few weeks and that the purchase will be paid for by operating cash flow.
As a result of the deal, only two employees at City Pages, a blogger and a page designer were laid off....
City Pages
Last Wednesday, it was announced that the Minneapolis Star Tribune had bought City Pages from the Denver based Voice Media Group. This deal creates an uncommon coupling of the biggest alternative weekly in the Twin Cities and the biggest news organization in Minnesota. Terms of the deal were not disclosed. It is expected that the deal would close in a few weeks and that the purchase will be paid for by operating cash flow.
As a result of the deal, only two employees at City Pages, a blogger and a page designer were laid off....
