Postmedia-Torstar deal ends Journal-Argus’ 164-year run

By Stewart Grant

The St. Marys Journal-Argus was closed abruptly on Monday morning, to the utter shock of long-time employees and St. Marys citizens alike.

In a press release issued by Postmedia Network Canada Corp., the company announced that they had acquired the Journal-Argus along with 23 other newspaper properties from Torstar Corporation in exchange for 17 of Postmedia newspaper publications. The press release indicated that of the 24 acquired properties by Postmedia, only the Exeter Times-Advocate and Exeter Weekender would continue to be operated, with the remainder slated for closure.

Four full-time staff of the Journal-Argus were informed Monday morning that this week’s edition of the newspaper would not be completed and that their jobs were eliminated effective immediately.

The St. Marys Journal was first published in 1853, with the St. Marys Argus opening for business in 1857. John W. Eedy took ownership of the Journal in 1887, and in 1920, the St. Marys Argus was acquired. The two brands consolidated into the St. Marys Journal-Argus, which stayed in the Eedy family until the newspaper was sold to Metroland Media (a subsidiary of Torstar) in 1999.

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