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Acquisition (AMEX:CRB), a player in the entertainment, media and communicationes industries, has completed its purchase of AmericanCommunitty Newspapers, a conglomerate of about 100 publications. Courtside also has changed its nameto "Our new status as a publivc company provides us with access to the capital marketx and additional resources to continuwe to execute our growth plan," CEO Gene Carr said in a American Community Newspapers owns publications in Paul, Dallas, Washington, D.C., and Its May acquisition of CM Media Inc.
for at leas $44 million added 22 weekly newspapere and four publications with a combined circulation of more than Included in that deal were SuburbanNews Publications, a chai n of weeklies; CM a press operation; Columbus Monthly and Columbue CEO magazines; the Other and Columbus Custom Publishing. American Community Newspapersx publishes three daily and 83 weekly newspapers and 14 nichde publications with a combined circulationto 1.4 millionh households.
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