AIM Media Midwest announces acquisition of The Sentinel Company, Bowling Green, Ohio

Staff Report

BOWLING GREEN, Ohio — AIM Media Midwest, LLC (“AIM” or the “Company”) announced Monday it has acquired the publishing assets of The Sentinel Company, Inc. (“Sentinel”) of Bowling Green, Ohio.

Terms of the transaction were not disclosed. In conjunction with the transaction, AIM announced that Karmen Concannon, Publisher at the Sentinel-Tribune, will remain in her current position with AIM. The publication and affiliated website included in the transaction are the daily newspaper serving Bowling Green and surrounding Wood County, the robust website and a variety of other specialty and periodic publications.

“The Sentinel Company has long been one of the most respected and admired local publishing and media companies in the United States,” said Jeremy L. Halbreich, Chairman and CEO of AIM Media Management. “The Haswell family has owned and operated the Sentinel-Tribune for over 118 years with Karmen representing the fourth generation of family ownership and her parents, Tom and Kathy Haswell, representing the third generation,” said Halbreich. “Through our sale process, we have had the great pleasure and privilege of becoming acquainted with Karmen and her parents. We have great admiration for the entire family and we are very flattered to have this opportunity to become directly involved with their important, high-quality, local journalism operation,” he added.

“The Haswell family has demonstrated extraordinary commitment, support and leadership to the Bowling Green community and across Wood County throughout their four generations of ownership. It is our goal and strongest desire to continue this community service and we look forward to providing the guidance and direction necessary for this publication to engage its local audiences and to set the civic agenda and discourse in both online and print,” Halbreich added. “This publication and the service provided its communities in Ohio represent a great testimony to the hard work, dedication and true community service established and maintained by the Haswell family over many decades in conjunction with their talented staff of dedicated employees. We are gratified by the Haswell family’s confidence in us as publishers of local, community newspapers to build on their heritage, traditions and focus on community service,” Halbreich concluded.

“The sale of the Sentinel-Tribune to AIM Media Midwest, LLC represents another milestone in our effort to provide the people of Bowling Green and Wood County with a daily newspaper of the exceptional quality they have learned to expect,” said Tom Haswell. “The Haswell family is deeply appreciative of the support we have received over the past 118 years both from our dedicated employees and the generations of people that have helped make the Sentinel the outstanding newspaper that it is. We will be watching with pride and confidence as AIM Media leads the Sentinel far into the future,” he added.

About AIM Media Midwest, LLC: AIM Media Midwest, LLC owns and operates seventeen (17) daily newspapers, fifteen (15) weekly newspapers, affiliated web sites and a variety of related weekly and specialty publications in Ohio and West Virginia (one daily in Point Pleasant, West Virginia). The Company is an affiliate of AIM Media Texas, LLC and AIM Media Indiana, LLC and both entities are managed by AIM Media Management of Dallas, Texas where Halbreich serves as Chairman and CEO and Rick Starks serves as President and COO. The Company focuses on local content across all forms of media including print, online and video. The Company recognizes the value and benefits that local news, information and advertising services bring to local communities and regional markets.

Staff Report