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Observer Publishing Co. selling to Ogden Newspapers

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The Observer Publishing Co. announced Sept. 12 that it has signed a letter of agreement to sell its assets to Ogden Newspapers.

OPC publishes the daily Observer-Reporter, the weekly Almanac and numerous monthly and special interest magazines. The company also runs a digital advertising agency, Reimagine Main Street, and produces a series of events. Ogden is the publisher of more than 40 daily newspapers, multiple weeklies and a magazine division with operations in 16 states. It is owned and operated by the Nutting family of Wheeling, W.Va. The transaction is expected to close by Sept. 30.

The Observer Publishing Co. was formed July 24, 1902, by John L. “Jack” Stewart and E.F. Acheson. Stewart’s grandsons, John L.S. Northrop and William B. Northrop, owned and ran the company until their retirements in June 2002, when ownership was transferred to the fourth generation. Thomas Northrop, president and publisher, and Lucy Northrop Corwin, director of news, currently serve as officers of OPC; both will leave the company when the sale is completed.

The shareholder group consists of nine family members located throughout Western Pennsylvania and the United States with one additional local shareholder.

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