Inquirer | Comic Riffs | City Paper
The group of local leaders interested in buying the Philadelphia papers is now being led by H.F. “Gerry” Lenfest, who was asked to take over by former governor Ed Rendell, reports the Philadelphia Inquirer.
Raymond Perelman, who was part of a failed bid to purchase the paper in 2010, has reportedly joined the group, while has estranged son Jeffrey Perelman’s bid has been rejected in favor of “an exclusive arrangement” with Rendell’s group, writes Andrew Maykuth. While Rendell has been the public face of the group, there have been conflicting reports about whether he was investing any of his own money in the purchase of Philadelphia Media Network, which owns the Inquirer, Daily News and Philly.com. Lenfest could not clarify what Rendell’s future role would be.
“I’m sorry to be so vague,” he told Maykuth, “I’m not trying to avoid you … I’ve not seen any written agreement that specifies all these terms so I’m being cautious about any of this until I see it in writing.” Read more