Owner says 2 daily Alaska newspapers in Fairbanks, Kodiak are for sale

Associated Press

The chief executive officer for two Alaska newspapers says the publications are for sale.

William Dean Singleton says the Fairbanks Daily News-Miner and the Kodiak Daily Mirror are both available. Employees were informed Friday.

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The family trusts of Singleton and his media partner, Richard Scudder, bought the News-Miner from C.W. Snedden in 1992. The News-Miner owns the Kodiak newspaper.

Singleton and Scudder founded MediaNews Group, which once owned dozens of newspapers across the nation. Scudder died in 2012; Singleton retired a year later.

Singleton said in a letter to employees he and Scudder owned newspapers in Alaska for 23 years and grew to love the state. But no other family members chose newspapers as a career.

Singleton said if the right buyer isn't found, the trust will continue to own the newspapers.

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Information from: Fairbanks (Alaska) Daily News-Miner, http://www.newsminer.com