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As you may have heard by now, I am bringing back to local ownership the 180-year-old Bennington Banner, the 160-year-old Manchester Journal and the 145-year-old Brattleboro Reformer.
I learned about Brattleboro and, for that matter, about Vermont, by reading the Reformer, the Banner and the Journal and made my investment decision based on the quality of the journalism I found in the publications.
I decided to invest in southern Vermont because I believe the Green Mountain State embodies all the things that make the American Dream so attractive to people around the world â grit, determination, self-reliance, stoicism and creativity. But, most importantly, I moved here because of the community â people who support each other through thick and thin, who rise to challenges unheard of 30 years ago when I first arrived on these shores.
Software entrepreneur Paul Belogour leads Vermont News and Media.
Terms of the deal were not made public. The deal is set to take effect May 14.
New England Newspapers (Pittsfield, Massachusetts) will still print the papers for a minimum of five years, said the Reformer.
Vermont papers sold to local businessman
Bennington, Manchester and Brattleboro had been operated by publishers of Pittsfield, Mass.-based Berkshire Eagle
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BENNINGTON, Vt. Three southern Vermont newspapers the Bennington Banner, Brattleboro Reformer and Manchester Journal are being sold to a software and currency trading entrepreneur with a number of businesses in the region.
The daily Bennington and Brattleboro papers and weekly Manchester publications have been operated by New England Newspapers Inc., which also publishes the Berkshire Eagle in Pittsfield, Mass.
They are being sold for an undisclosed sum to Paul Belogour of Guilford, Vt., who earlier this year incorporated Vermont News and Media LLC, according to published reports.
The sale consists of dailies Brattleboro Reformer and Bennington Banner, the weekly Manchester Journal and the 3-year-old award-winning UpCountry, a bi-monthly magazine. Both the Banner and Reformer date back more than a century. The terms of the sale were not disclosed other than that the transfer will take effect on May 14 and that The Berkshire Eagle will not only continue to print the publications for at least five years, it will also continue to provide pagination, ad development and customer service for classifieds and circulation. The papers will be operated by Belogour s newly established Vermont News and Media LLC and all current employees of the Vermont papers will retain their positions.