PORTLAND — Maine Values LLC, owned by financier and North Haven resident S. Donald Sussman, completed its purchase Tuesday of MaineToday Media, the state’s largest media company.
The deal, which gives Sussman a 75 percent equity stake, clears the way for the company to repay debt and move ahead with ambitious growth plans, including moving from a legacy newspaper print company to one that operates and derives revenue from multiple platforms, including online enterprises.
“Across the board, our people are ready to move into a new time of growth for MaineToday Media and provide our readers with exceptional news coverage,” Neil Heyside, the company’s interim CEO, said in a prepared statement.

