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DAILY MEMO

THE — VALLEY — —

Lee Enterprises, the parent company of the Ashland Daily Tidings, has purchased the Medford-based Nickel Want Ad Newspaper, the company announced Wednesday.

The Davenport, Iowa-based company also purchased Nickel publications in Klamath Falls and Redding. It owns 21 daily newspapers and 75 weekly publications.

The Medford and Redding Nickels have 23 full- and part-time employees each, while the Klamath Falls publication has 14. Lee spokesman Dan Hayes says operations at the publications won't change initially.

Terms of the deal were not announced and Medford Nickel officials did not return calls.