Journal Communications Sells PrimeNet Direct Marketing Business to Management
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MILWAUKEE—Feb 10, 2010—Journal Communications, Inc. (JRN) today announced the sale of its PrimeNet operations in Clearwater, FL, to PrimeNet Direct Marketing Solutions, LLC, a new company owned by PrimeNet President Mark Keefe, as Journal exits the direct marketing business.
PrimeNet's mailing service operations in St. Paul, MN, were sold in a separate transaction last week to Minneapolis-based Impact Proven Solutions. Terms of the transactions were not disclosed. PrimeNet provides nationwide direct marketing solutions to marketers of automotive, retail, publishing and financial services products.
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