Current Group Acquires Monument Newspaper

The acquisition by Current Publishing of the award-winning weekly, Monument Newspaper, covering the southwest Maine communities of Gray and New Gloucester, was jointly announced by Current Publisher Lee Hews Casler and Monument Newspaper Publisher Elizabeth Prata. The acquisition brings to eight the number of weeklies published by Current Publishing. John Szefc of Grimes, McGovern & Associates represented Prata in the sale. Prata will remain as a reporter and editor. She launched the newspaper in 2000 as a bi-weekly with a circulation of 3,500 to provide better government for Gray. In that time the paper has grown to a weekly with a circulation of 6,000. The Monument has won the New England Press Association (NEPA) Better Newspaper Award three times, once in its first year of publication for General Excellence in Advertising, and for Best Editorial and Best Editorial Writer.

Free Business Assessment

Find out what your business is worth

We offer an initial complimentary assessment for owners of media properties. Just click on the property type and complete the confidential form to get started. We’ll contact you within 24 hours to review.

Businesses for Sale

View our lists of publishing, global events, technology, digital media, and information services business currently for sale.

Free Publishing or Subscription, Events, Technology & Digital Media News

Stay abreast of the latest trends in the M&A industry. Read interesting case studies. Track deals throughout the country. Pick up hints from experts and much more.