143-Year-Old Family Owned Newspaper To Be Sold - NECN
New Hampshire

New Hampshire

The latest news from around the state

143-Year-Old Family Owned Newspaper To Be Sold

Foster's Daily Democrat to be sold to Seacoast Media Group



    143-Year-Old Family Owned Newspaper To Be Sold
    Getty Images

    A 143-year-old family owned New Hampshire newspaper will be sold to a neighboring newspaper group by the end of the year.

    Patty Foster, president and publisher of Foster's Daily Democrat in Dover, announced the paper's sale to Portsmouth-based Seacoast Media Group in a letter to employees Wednesday.

    The assets of Geo. J. Foster & Co., Inc., and Eastern Marketing Services will be sold to the publisher of the Portsmouth Herald, The Exeter Newsletter, and the York County Coast Star. Seacoast is a subsidiary of New Media Investment Group Inc.

    The letter says Seacoast "will continue to publish under the Foster's Daily Democrat banner, hopefully for a long time."

    Foster said the sale offers "a solid and sure way forward." She said everyone will be offered a position.

    For up-to-the-minute news and weather, be sure to follow us on Twitter and like us on Facebook. Sign up for our new breaking news email alerts by clicking here and download our free apps here.