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S.V. weekly sold 03/29/12 8p.m. TDH

The sale of the weekly newspaper “the scotts valley press-banner” has been approved.   A bankruptcy judge had to approve the sale, because the parent company, tracy press, filed for bankruptcy protection in 2010.   the sale to texas resident h. lee Wilcox included 2-other California weekly newspapers: “the patterson irrigator,” and “the Tracy press.”     Wilcox bought all-3 for a total bid of more-than 1-point-2 million dollars.   the sale is expected to be close on april 30th.

 

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