Philadelphia Inquirer/Daily News lenders win auction with $105 million bid

Philly.com
The senior lenders outbid Raymond Perelman, father of billionaire Ronald Perelman; he declined to raise his $85 million bid. The lenders first bought Philadelphia Media Holdings for $139 million at a bankruptcy auction in April, but that sale was later nullified.

  • 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 MediaGossip.com, a hobby site he started in May of 1999.

Comments

Related News

Email IconGroup 3Facebook IconLinkedIn IconsearchGroupTwitter IconGroup 2YouTube Icon