Daytona Beach News-Journal owners object to $20M "bargain" sale price

Daytona Beach News-Journal
The News-Journal's parent company opposes selling the paper now to sever ties with Cox Enterprises because the $20 million price tag is too low. It's asked a federal judge to give the economy time to rebound and hold off on approving the pending sale. That judge valued the paper at $272 million in 2006. || Read the objections [PDF].

  • Jim Romenesko

    From 1999 to 2011, Jim Romenesko maintained the Romenesko page for the Poynter Institute, a Florida-based non-profit school for journalists. Poynter hired him in August of 1999, after seeing his, a hobby site he started in May of 1999.


Related News

Email IconGroup 3Facebook IconLinkedIn IconsearchGroupTwitter IconGroup 2YouTube Icon