Press of Atlantic City goes on the block

01/14/2013 | Press of Atlantic City (N.J.), The

The Press of Atlantic City is up for sale, with owner ABARTA Inc. saying that challenges in the newspaper industry can be better addressed by a larger newspaper group or local ownership. "Stand-alone daily newspapers in medium-sized markets, while still very profitable, now have constraints that are easier for other potential owners to eliminate than they are for us as a family holding company," said ABARTA President John F. Bitzer III.

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Press of Atlantic City (N.J.), The