Cox Enterprises Buying Cox Media's Ohio Newspapers
Cox Enterprises, which has a minority stake in Cox Media Group, will buy CMG's Ohio newspapers that had been a barrier to Terrier Media's purchase of CMG, CMG said Monday. Cox Enterprises said the transaction won't affect its minority stake. CMG said the deal will mean the newspapers won't have to eliminate some daily editions so as to not violate the cross-ownership rule (see 1910310072). It said the newspaper deal is expected to close "in the coming weeks."