Business & Tech
Princeton Packet For Sale, Publisher Set to Retire
Publisher Jim Kilgore hopes to find a buyer for the local newspaper company.
The Princeton Packet, Inc. is for sale and longtime publisher Jim Kilgore says he plans to retire, according to an article posted on CentralJersey.com Thursday.
The company is headquartered on Witherspoon Street in Princeton, and its papers include the Hillsborough Beacon.
"Ideally, I would like to sell this business to another local owner who will have that same dedication to the community and quality news coverage as our family has strived for over the years," Kilgore wrote in an article published at 5:01 p.m.
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The Princeton Packet has been in the Kilgore family for 56 years, since Jim Kilgore's father, Barney Kilgore, bought it and expanded it.
Jim Kilgore has been with the company for 37 years.
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The Packet publishes 17 community newspapers, a magazine and several of local news websites, Kilgore wrote.
Editor's Note: Hillsborough Patch Editor Eileen Oldfield is a former Princeton Packet employee.
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