SANTA ROSA (CBS / AP) — Florida-based Halifax Media Group has agreed to sell the Santa Rosa Press Democrat and its affiliated publications to a recently formed Bay Area company.

Halifax announced the agreement Thursday. Halifax purchased the Press Democrat, The Petaluma Argus-Courier and North Bay Business Journal in January from the New York Times Company as part of an acquisition that included 16 publications, mostly in the southeastern U.S.

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Halifax CEO Michael Redding says selling the California publications to Sonoma Media, which was formed by local investors, makes geographic sense.

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Halifax Media Group – founded in 2010 – is headquartered in Daytona Beach. The group consists of 36 newspapers and affiliated websites, published in six states.

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