Neue Luzerner Zeitung AG sells "The Region
On Thursday, the Neue Luzerner Zeitung reached an agreement with a group of investors led by Peter A. Meyer, the former editor-in-chief of *Region*, to sell the weekly newspaper to them effective April 1, 2011. The parties agreed not to disclose the sale price.
According to a statement on Thursday, Neue Luzerner Zeitung AG has agreed with the new owners to continue printing the "Region" at the Luzerner Druck Zentrum in Adligenswil and to support them logistically in the publication of the weekly title. For the time being, the editorial office of the "Region" will remain on the premises of LZ Medien at Maihofstrasse 76. The aim of the new ownership is to maintain and expand the traditional newspaper of northern Lucerne in the long term.
