
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: WEDNESDAY, April 19, 1995                   TAG: 9504190060
SECTION: BUSINESS                    PAGE: B-6   EDITION: METRO 
SOURCE: Associated Press
DATELINE: HOUSTON                                LENGTH: Short

HOUSTON POST CLOSES; RIVAL BUYS ASSETS

The Houston Post closed Tuesday and the Hearst Corp., owner of the rival Houston Chronicle, purchased its assets.

The transaction ends 94 years of competition between the two morning papers and makes Houston the largest city in the nation to have only one daily metropolitan newspaper.

``While we all regret very much the loss of The Houston Post after 111 years of continuous dedication to the city of Houston and its residents, the recent unprecedented rise in the cost of newsprint has made it impossible to see viability for the city's second newspaper,'' said William Dean Singleton, president and chief executive officer of Consolidated Newspapers Inc., parent company of the Post.

by CNB