Worcester Business Journal to be sold; WoMag will be kept
WORCESTER-Worcester Business Journal and two other publications owned by Worcester Publishing Ltd., Hartford Business Journal and Mainebiz, will be sold to a new company being formed by Peter Stanton and Joe Zwiebel, two senior managers at Worcester Publishing.
Plans to sell the three business publications to New England Business Media LLC were announced this morning by Allen W. Fletcher, principal owner of Worcester Publishing, 172 Shrewsbury St. Mr. Fletcher said the sale will allow him to focus on a single publication, Worcester Magazine, which will continue to be published by Worcester Publishing but move to a new location on Water Street.
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Two or three full-time positions will be eliminated, he said.
Update: T&G article, no real new details.
As a result, Worcester Magazine will leave its 172 Shrewsbury St. offices for space above Jose Murphy’s on Water Street in the old Arkus Pharmacy Building.