The Press: Sale in Cincinnati
The 110-year-old Enquirer, Cincinnati's leading daily and its only morning and Sunday newspaper, was sold last week for $7,500,000. The buyer: Cincinnati's afternoon Times-Star (circ. 150,489), published by 74-year-old Hulbert Taft, whose cousin, Senator Bob Taft, owns 5% of the paper (TIME, Jan. 14). The Enquirer (circ. 185,283 daily, 269,415 Sunday) has been held in trust by Washington's American Security & Trust Co. since Owner John R. McLean died in 1916, and Washington's district court must still approve the sale. Under the deal, the Times-Star agrees to publish the Enquirer as a separate paper for at least twelve years. The Times-Star and Enquirer have long seen eye to eye editorially, and Publisher Taft plans no changes in his new paper's staff or makeup.
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