Forum Communications is paying $65 million for the Grand Forks Herald and $70 million for the Duluth News Tribune. Wow, I didn't realize that Forum would have this kind of money just laying around. The Duluth paper has a higher circulation than the Herald so that's why they are worth $5 million more. As someone who didn't really know what newspapers are worth, I'm pretty impressed that the Herald went for $65 million. That isn't exactly spare change.