By Paul Gores Newly formed on Friday reported a second-quarter profit of $3.3 million and said it would raise its quarterly dividend by 2 cents to 6 cents per share. Journal Media Group also said its board has authorized a repurchase program of up to $25 million of its shares of common stock over the next three years. In its first full quarter as a public company, Milwaukee-based Journal Media Group — created this spring from the merger of the publishing unit of Milwaukee's Journal Communications Inc. and the newspaper division of Cincinnati's E.W. Scripps Co. — posted revenue of $115.8 million, while profit amounted to 13 cents per share. | Aug. 14, 2015 10:49 a.m. By of the...
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