The San Francisco Examiner is being acquired by a group of newspaper industry veterans led by the paper’s new publisher and president, Todd Vogt, and the owner of a chain of newspapers operating in Washington state and Canada.
The San Francisco Newspaper Company purchased The San Francisco Examiner from Clarity Media Group.
"We are delighted to become involved with such a strong newspaper," said CEO David Black, whose Black Press Group produces more than 170 newspapers and maintains 100 websites. "Readership is second to none in San Francisco and on the Peninsula."
Clarity Media Group CEO Ryan McKibben said: "When we purchased the Examiner seven years ago, we wanted to provide readers and advertisers with a credible, second daily newspaper, devoted to local reporting. Thanks to the excellent staff at the San Francisco Examiner, we achieved that, and much more."
The deal between the two privately held companies is expected to close Nov. 30.
Executive Vice President and Chief Financial Officer Pat Brown is also a co-owner of the paper.
Earlier reports indicating that the Examiner would become part of the Black Press Group were erroneous.