• Austin American-Statesman, Thursday, August 6, 2009 10:16 PM

Cox Enterprises, the owner of the Austin American-Statesman, has taken the newspaper off the market after deciding that offers it had received did not reflect the paper's value. "Cox said from the beginning that it would not preside over a fire sale," Statesman publisher Michael Vivio says. "This is a profitable company, and it just did not make sense to sell it for the prices offered."

Cox put the Statesman and 28 other daily and weekly newspapers on the market in August 2008 and has sold most of them, including the Waco Tribune-Herald and The Lufkin Daily News. Two other Cox papers remain for sale.

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