THE VIRGINIAN-PILOT
Copyright (c) 1994, Landmark Communications, Inc.
DATE: Thursday, October 27, 1994 TAG: 9410270558
SECTION: BUSINESS PAGE: D1 EDITION: FINAL
SOURCE: (Staff)
LENGTH: Short : 21 lines
Two Southern investors have agreed to buy Park Communications Inc., an Ithaca, N.Y.-based newspaper and broadcasting group, for $711.4 million. All nine Park television stations, 22 radio stations and 106 newspaper publications will be sold to Donald R. Tomlin of Columbia, S.C., and Gary B. Knapp of Lexington, Ky., under a tentative sales agreement announced Wednesday. Among Park's stations are WSLS-TV in Roanoke, WTVR-TV in Richmond and WTVR-AM/FM in Richmond. Among its daily newspapers are The New-Virginian in Waynesboro and The Journal Messenger in Manassas. by CNB