Creative Loafing Seeks to Be Free of Cox Enterprises

june 15, 2004  08:24 pm
Ben Eason, CEO of Creative Loafing Inc., confirmed last week that his company's board has agreed to buy out Cox's minority stake in the alt-weekly chain, Steve Fennessy reports in Creative Loafing Atlanta. In addition to the Atlanta paper, the alt-weekly chain publishes newspapers in Charlotte, Tampa and Sarasota. Cox bought a 25 percent stake in Creative Loafing in 2000, but friction resulted when the Atlanta Journal-Constitution, a Cox-owned daily, launched its own free entertainment weekly last year. Eason says that if all goes well, the deal could be completed by mid-July.