IDAHO FALLS, Idaho (AP) — Post. Co. President Jerry Brady says the family-owned business that includes the Post Register and three other Idaho newspapers is for sale and there’s an interested buyer.
The Post Register reports that Brady informed employees of the potential sale in an email Wednesday afternoon.
Brady says the company needs additional resources that a larger company could provide.
Brady declined to name the potential buyer but says he expects a final deal within weeks.
Brady and his brother, Jack, own about two-thirds of the company, with employees owning the rest through an ownership plan.
The Post Co. has been a family business since 1925.
Jerry Brady says there’s no indication the sale will lead to significant changes at the company.