What is a newspaper merger-and-acquisition intermediary?
A newspaper merger-and-acquisition intermediary primarily assists owners of newspapers in exploring, managing, negotiating, and closing the sale of their publishing business. An intermediary produces a prospectus on the company, finds and contacts buyers for the business, executes confidentiality agreements with potential buyers, aids in sales negotiations, brings in offers, and works with attorneys and accountants on both sides of the transaction through closing. An intermediary is a liaison in the deal-making process and generally advises the client — typically the owner — throughout the sales process.