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Craig Fuller acquires Times Free Press amid layoffs

PRIVATEAug 09, 2026about 15 hours ago

Acquiring Company

Craig Fuller

Acquired Company

Times Free Press

ChattanoogaChattanoogaInformation TechnologyPublishingNews

Description

Craig Fuller has acquired the Times Free Press, one of Tennessee’s major newspapers, amidst significant staff layoffs. More than 42% of the staff was cut on the same day the sale was announced, causing concern about the newspaper's productivity. Fuller, aiming for growth, acknowledged the challenges ahead as the new owner. The acquisition marks a new direction for the newspaper, emphasizing the need for adaptation.

Company Information

Company

Craig Fuller

Location

1500 CHESTNUT STREET

Chattanooga, Tennessee, United States

About

Craig Fuller is a businessman and media owner. He also owns FreightWaves, a logistics company. His acquisition of the Times Free Press aims to revitalize the newspaper amid significant staff cuts. Fuller is involved in various media ventures, including lifestyle magazine publishing.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed

Frequently asked

Who acquired Times Free Press?

Times Free Press was acquired by Craig Fuller, based in Chattanooga. The deal was reported on August 9, 2026. Craig Fuller is a businessman and media owner. He also owns FreightWaves, a logistics company. His acquisition of the Times Free Press aims to revitalize the newspaper amid significant staff cuts. Craig Fuller is privately held and operates in Information Technology.

When did Craig Fuller acquire Times Free Press?

Craig Fuller's acquisition of Times Free Press was reported on August 9, 2026. Craig Fuller has acquired the Times Free Press, one of Tennessee’s major newspapers, amidst significant staff layoffs. More than 42% of the staff was cut on the same day the sale was announced, causing concern about the newspaper's productivity. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Times Free Press do?

The Times Free Press is one of Tennessee's largest newspapers. It has served the Chattanooga area as the city's only daily newspaper. Previously owned by WEHCO Media for nearly 30 years, it covers local and regional news. It is privately held, operating in Publishing, and is based in Chattanooga.

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