Journal Register Company to Acquire Intercounty Newspaper Group

Posted on November 18, 1997

Journal Register Company announced an agreement to acquire Intercounty Newspaper Group from AUS, Inc., Mt. Laurel, NJ. The Intercounty Newspaper Group includes 17 weekly newspapers in suburban Philadelphia and central and southern New Jersey with total weekly distribution of approximately 100,000. Included in the acquisition are Nittany Valley Offset, a premium quality sheet-fed printing company in State College, PA, and Interprint, Inc., a commercial printing company in Bristol, PA, which prints the newspapers.

The announcement was made by Journal Register Company Chairman, President and Chief Executive Officer Robert M. Jelenic. "We are extremely pleased to announce this acquisition," Jelenic said. "The Intercounty group has a tremendous team which has created a great deal of value for readers and advertisers. They are a perfect fit with our Pennsylvania and New Jersey properties and we expect to realize strong revenue growth as well as operating efficiencies. Nittany Valley Offset is also an excellent addition to Journal Register Company, with its strong reputation for outstanding quality and service in high-end publication printing."