Daily Herald to buy Pana News Inc. in latest downstate newspaper acquisition
Dec 20, 2017 8:27 AM -
Negotiations are nearing completion for the sale of Pana News Inc. in central Illinois to Paddock Publications Inc., officials for both companies announced Tuesday, in a transaction that would add Pana's three storied community weeklies to Paddock's growing base of downstate newspapers. The weeklies are the Pana News-Palladium, the Golden Prairie News in Assumption and the Free Press-Progress in Nokomis, which also incorporates the Morrisonville Times in its pages. Paddock officials said these papers are a perfect complement to weekly newspapers the company owns in neighboring Farmersville, Girard, Palmyra and Virden.