Leesburg Today, Loudoun Magazine and Loudoun Business sold
American Community Newspapers LLC and Amendment I, Inc. announced that they have closed their previously announced merger transaction. The merger was approved earlier this week by the Amendment One shareholders at their annual meeting and a subsidiary of American Community Newspapers has since acquired all of the outstanding shares of Amendment One. In announcing the transaction, Gene M. Carr, Chief Executive Officer of American Community Newspapers stated, “Leesburg Today and its related publications are well established, landmark publications that have proudly served the growing communities of Leesburg and the surrounding Loudoun County area since 1988. These newspapers are a strategic addition to our presence in the high growth and high demographic Northern Virginia market. Amendment One publishes Leesburg Today, Loudoun Magazine and Loudoun Business, and other related publications in Loudoun County. Combined and non duplicated circulation for the group is approximately 100,000 households. With the acquisition of the Amendment One publications, American Community Newspapers now reaches over 200,000 households in Loudoun Arlington and Fairfax County.
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