FREDERICK — The owners of The Frederick News-Post have reached an agreement in principle to explore selling the newspaper to Ogden Newspapers Inc. in West Virginia.
The News-Post reports that Will Randall, chief executive officer of Randall Family LLC, and Bob Nutting, Ogden’s president and chief financial officer, made the announcement Wednesday morning.
Should the discussions lead to a sale, Wheeling-based Ogden would publish the News-Post and operate the Frederick company’s commercial printing operations.
Randall says both companies have executed a letter of intent and are working toward executing an asset purchase agreement.
The Randall family in 1883 founded what has become the News-Post. The Nutting family, owners of Ogden, began in the publishing business in 1890 when they started the Wheeling News. Ogden also owns newspapers in 14 other states.