Worcester Magazine's Parent Company Spins Off Biz Mags

march 22, 2007  02:37 pm
Worcester Publishing Ltd. is selling its three business magazines to a new company that will be headed by two of its senior managers, the Worcester Telegram & Gazette reported last month. The new Worcester Publishing, whose sole publication will be AAN member Worcester Magazine, will also move offices. "I'm just sort of simplifying my life a little bit," says Allen W. Fletcher, principal owner of the company. "This enables me to focus on a single publication." The sale is due to close on March 31, and the financial terms were not disclosed.