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Media General sells Va Business magazine

Associated Press • Sep 25, 2009 at 12:00 AM

RICHMOND, Va. (AP) -- Virginia Business magazine has a new owner.

Richmond-based Media General - the parent company of the Bristol Herald Courier and WJHL-TV, completed the sale of the monthly publication on Thursday. It has been acquired by an investment group that includes the magazine's president and publisher, Bernard Niemeier.

Terms were not disclosed.

Media General started Virginia Business magazine in 1986. It covers major industries and business trends and circulates 27,500 copies in Virginia.

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