The Lima News is one of four newspapers Freedom Communications will sell to a Philadelphia-based private equity firm called Versa Capital Management. Versa has been busy lately buying other papers in Ohio and around the country.
Versa Capital Management has been on a buying spree lately. The company at the end of last week purchased The Telegraph in Alton, Illinois, The Journal-Courier in Jacksonville, Illinois, and The Sedalia Democrat in Sedalia, Missouri. The deal also included the Lima News in Ohio.
Doctors given new access to the proprietary chemical recipes that oil and gas drillers use to crack into Ohio shale would be prohibited from sharing the information with the public under an energy proposal moving through the Ohio House.