MINNEAPOLIS — Adams Publishing Group, parent company of the Bay Times and Record Observer, has purchased the assets of Cooke Communications LLC, based in Greenville, N.C., and in Key West, Fla., including its print publications, websites and commercial printing operations in North Carolina and Florida.
The sale was finalized Friday, Aug. 31. Terms of the deal were undisclosed.
Cooke Communications newspapers included in the sale are The Daily Reflector (Greenville, N.C.), The Rocky Mount Telegram (Rocky Mount, N.C.), The Daily Advance (Elizabeth City, N.C.), The Key West Citizen (Key West, Fla.) and several non-daily newspapers and websites. Two Oceans Digital, KeyWest.com and FloridaKeys.com will remain under the ownership of Cooke Communications Florida.
“We are extremely excited to have the operations of Cooke Communications join the Adams Publishing Group family,” Stephen Adams, APG’s principal, said. “The Cooke newspapers are located in two of the most desirable, fast-growing areas of the United States, with a solid employee group we are eager to welcome aboard our team.”
Cooke Communications is a family-owned company founded by John Kent Cooke Sr. and his family in 2000. It has become known as a company devoted to its customers, its communities and its nearly 280 employees.
In a joint statement, John Kent Cooke Sr., John Kent Cooke Jr. and Thomas Kent Cooke said, “We believe Adams Publishing will be a good fit for our newspapers, as the Adams family has shown a strong commitment to its employees and to the communities its newspapers serve. APG focuses on providing timely, valuable and trustworthy local news and information for citizens and businesses in its communities.”
With 30 daily newspapers, more than 100 non-daily newspapers and other enterprises operating in 20 states and the District of Columbia, APG is “first and foremost a family-owned community newspaper company, which is driven to provide high-quality products and services that make a positive difference in the lives of its constituents, which are, in prioritized order: its readers, customers/advertisers, communities, associates (employees) and its shareholders,” according to Adams Publishing Group.
Other Adams family enterprises include outdoor advertising (billboards), radio, wine, Camping World/Good Sam (recreational vehicles) and philanthropic endeavors.