Albemarle Newsmedia, LLC, a new North Carolina entity owned by Boone Newspapers, Inc. (BNI) and Carpenter Newsmedia, LLC (CNL), has purchased the Stanly News & Press from Community Newspaper Holdings Incorporated, a Montgomery, Alabama, company.
The purchase was finalized Wednesday.
BNI and CNL have offices in Natchez, Mississippi and Tuscaloosa, Alabama. Todd Carpenter, of Natchez, is BNI’s president and chief executive officer. James B. Boone Jr., of Tuscaloosa, is BNI’s chairman.
“We are pleased and honored to assume ownership of and responsibility for the Stanly News & Press and look forward to working with each staff member and the community. We will work hard to meet every obligation to the community and to produce a newspaper and website of which the community can be proud,” Carpenter said.
Sandy Selvy-Mullis will remain as publisher.