Port Folio Weekly & Style Weekly Parent Co. May Go Up for Sale

january 3, 2008  08:48 am
Landmark Communications, which owns those two Virginia AAN member papers, has hired JP Morgan and Lehman Brothers to "to assist in exploring strategic alternatives, including the possible sale of the company's businesses," Landmark's vice chairman tells the Roanoke Times. The company's 2006 sales figures were $1.75 billion, and it employs about 12,000 people at more than 100 publications and other media properties including The Weather Channel, the Times reports.