LGP and Purcell: Landmarks

This chronology is indicative only.

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Context is provided by the broader communications and media timeline.

1813 Nathan Hale founds Boston Daily Advertiser

1825 Boston Traveler founded

1846 Herald founded

1861 Sunday Herald founded

1840 Daily Advertiser absorbed five older Boston titles, including Independent Chronicle (established in 1768)

1884 Boston Advertiser launches Boston Afternoon Record

1904 William Randolph Hearst founds The American in Boston

1912 Herald acquires Boston Traveler 1

1917 Hearst acquies Daily Advertiser in 1917

1921 Hearst acquires Afternoon Record

1961 Record folded into American as Record American

1964 Sunday Advertiser becomes tabloid

1967 Herald merges with Traveler as Boston Herald Traveler

1972 Herald Traveler acquired by Hearst and merged with Record American as Record American Herald Traveler

1981 becomes Boston Herald American

1982 News Corporation buys Herald American, rebadged as the Boston Herald

1994 Purcell acquires Boston Herald in LBO buyout from News Corporation

1997 Leonard Green & Partners, L.P. buys 160 minor US newspaper titles from Hollinger International for US$310m

1997 Liberty Group Publishing founded by Green

2000 Leonard Green and Texas Pacific buy Petco for US$600m

2001 Purcell acquires Community Newspaper Co from Fidelity Investments for US$150m

2003 Heritage Partners Inc buys majority stake in Enterprise NewsMedia for U$113m

2005 LGP acquired by Fortress Investment Group LLC

2006 LGP announces that it will pay US$175mn for Enterprise NewsMedia

2006 Petco sold for US$1.68bn