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Kaye Scholer Assists American Securities in Acquisition of Texas Newspapers

October 24, 2009

Kaye Scholer represented ASP Westward, a portfolio company of American Securities, in its acquisition of two East-Texas newspapers, the Longview News-Journal and the Marshall News Messenger, from Cox Enterprises Inc.  ASP Westward is a leading publisher of community newspapers serving two of the most affluent, high-growth suburban media markets in the United States - Houston, Texas and Denver, Colorado - and also several rural communities in East Texas.  ASP Westward publishes a group of 60 weekly and daily papers that reach approximately 800,000 households.

The Kaye Scholer team included Corporate & Finance Partners Emanuel S. Cherney and Sheryl Gittlitz, Tax Partners Laurie Abramowitz and Jeffrey L. London, Corporate & Finance Counsel Lowell I. Dashefsky, Real Estate Counsel Irv Hepner, Tax Counsel Mary Lou Zwick, Environmental Associate Connie Ericson and Corporate & Finance Associate Jeffrey Misher.