The Philadelphia Inquirer
At 9:30 Tuesday morning, owners of The Philadelphia Inquirer, the Philadelphia Daily News and Philly.com will bid for control of the properties and their parent company in an auction, David Sell wrote Tuesday in The Inquirer. (UPDATE: They were sold for $88 million to Lewis Katz’s group.)
The two groups in that auction, which is closed to both the public and the press, are George E. Norcross III, William Hankowsky and Joseph Buckelew, Sell reported, and Katz and H.F. “Gerry” Lenfest.
The dispute erupted and litigation began in October, when publisher Robert F. Hall fired Inquirer editor William K. Marimow over the objection of Katz. A Philadelphia judge reinstated Marimow, but denied Katz’s request to have Hall removed.
The dispute prompted the two groups to seek to dissolve the company, with the auction used to decide who gains control.