Gannett Completes HomeTown Communications Acquisition

Posted on April 11, 2005

Gannett Co., Inc. has completed the acquisition of the assets of HomeTown Communications Network, Inc., a community publishing company with publications in Michigan, Ohio and Kentucky. Richard Aginian has been named president and publisher of the Observer & Eccentric and the Mirror newspaper groups in suburban Detroit. Aginian also will serve as a consultant to Gannett to assist in the transition of the new acquisitions. Aginian previously was president and CEO of HomeTown Communications Network. The acquisition includes one daily and 62 weekly and twice-weekly community newspapers; 24 community telephone directories; one shopping guide; other specialty and niche publications as well as web sites and commercial printing at four plants.

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