Partners Paul Reinstein and Steven Steinman noted for representation of 21st Century Newspapers Inc. in its acquisition by Journal Register Co., <i>The Daily Deal</i>,

Partners Paul Reinstein and Steven Steinman noted for representation of 21st Century Newspapers Inc. in its acquisition by Journal Register Co., The Daily Deal, "Stars Tell Kelso, Goldman to Sell 21st Century"

The Daily Deal, in an article in its July 7th issue entitled "Stars Tell Kelso, Goldman to Sell 21st Century," notes that "[b]eginning with the Freedom Communications Inc. auction and continuing through that of Hollinger International Inc., newspapers are providing heat to an otherwise tepid media M&A climate. The warming trend continued Tuesday as Trenton, N.J.-based Journal Register Co. announced the acquisition of 21st Century Newspapers Inc. for $415 million cash....The deal extends Journal Register's reach westward to Michigan from Cleveland, giving the company its second-largest cluster by revenue, behind its flagship network surrounding Philadelphia....After the deal, Journal Register will publish 27 daily newspapers and 327 nondaily titles." The "Deal Memo" accompanying the article notes that Fried Frank was the law firm for 21st Century, which was represented by partners Paul Reinstein and Steven Steinman.

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