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Miss. Business Journal Bought By Tupelo Publisher

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JACKSON, Miss. (AP) — The parent company of the Northeast Mississippi Daily Journal in Tupelo is buying the Mississippi Business Journal in Jackson.

MBJ reported the news Tuesday on its website. The weekly business publication had been owned by the Dolan Co., based in Minneapolis.

Terms of the sale were not disclosed.

Clay Foster, the CEO, president and publisher of Journal Inc., says there will be no changes in the leadership structure at MBJ. Alan Turner will remain as the publisher of the business newspaper.

With the addition of MBJ to its portfolio, Journal Inc. will publish 20 weekly newspapers as well as the Tupelo daily. Journal Inc. is owned by the nonprofit CREATE Foundation, based in Tupelo.

(© Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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