San Francisco Chronicle | Bay Guardian
Dean Singleton's company didn't offer enough money for the paper, according to
James Asher, Hearst's chief legal and business development officer. He said in a deposition that Hearst executives are impressed with MediaNews CEO Singleton's "approach to the business," such as the cost savings he achieved by acquiring papers in adjacent markets and combining some of their operations. Hearst, he said, has been interested in investing in MediaNews since at least the early 1990s. || The Bay Guardian, which broke the story, has
court documents.
