April 19, 1989
William Dean Singleton has agreed to buy the Pasadena Star-News and a group of smaller affiliated newspapers in California from Knight-Ridder Inc. for $55 million, the communications company said today. Singleton, who has interests in 22 other dailies, including the Houston Post and the Denver Post through MediaNews Group Inc. of Houston, will form Pasadena Newspapers Inc. to purchase the properties, an assistant said. The sale to Singleton, who is vice chairman and chief executive officer of MediaNews, includes four semiweekly newspapers in Southern California--the Arcadia Tribune, the Duartean, the Monrovia News-Post and the Temple City Times, Knight-Ridder said.
September 10, 1987 |
MediaNews Group, owner of the Dallas Times Herald, announced today that one of its affiliates has acquired the Houston Post from Toronto Sun Publishing Co. for $150 million in cash. The Post is the smaller of the two Houston newspapers, which have been engaged in a war similar to the battle between the Dallas Times Herald and the larger Dallas Morning News. In March, MediaNews President William Dean Singleton bid $415 million for the Houston Chronicle, which was sold by Houston Endowment Inc.