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DOVER A 143-year-old, family-owned New Hampshire newspaper is being sold to a neighboring newspaper group. Patty Foster, president and publisher of Fosters Daily Democrat in Dover, announced the papers sale to Portsmouth-based Seacoast Media Group in a letter to employees Wednesday.

The assets of Geo. J. Foster & Co. Inc. and Eastern Marketing Services will be sold to the publisher of the Portsmouth Herald, The Exeter Newsletter, and the York County Coast Star. Seacoast is a subsidiary of New Media Investment Group Inc. ... Subscribe or log in to read more

DOVER A 143-year-old, family-owned New Hampshire newspaper is being sold to a neighboring newspaper group. Patty Foster, president and publisher of Fosters Daily Democrat in Dover, announced the papers sale to Portsmouth-based Seacoast Media Group in a letter to employees Wednesday.

The assets of Geo. J. Foster & Co. Inc. and Eastern Marketing Services will be sold to the publisher of the Portsmouth Herald, The Exeter Newsletter, and the York County Coast Star. Seacoast is a subsidiary of New Media Investment Group Inc.

The letter says Seacoast will continue to publish under the Fosters Daily Democrat banner, hopefully for a long time.

The sale offers a solid and sure way forward, according to Foster.

In teaming up with our neighbor to the south, Fosters Daily Democrat will be able to build on its base and complement the platform created by Seacoast Media Group and its publisher John K. Tabor Jr., she wrote.

Tabor, Seacoast Media Groups president, will expand his responsibilities to become publisher of the Fosters publications and affiliated businesses.

We began a printing venture with the Foster family which was very successful and this is a logical extension of our work together over the years, Tabor said in Wednesdays edition of the Herald.

Under Pattys leadership, Fosters Daily Democrat has been one of best local papers in New England By combining with our organization, we can support the news mission more efficiently in the years to come.

Originally posted here:
Dovers Fosters Daily Democrat to be sold after 143 years of family ownership