George Norcross

(The former headquarters of the Inquirer and Daily News. File photo by William Thomas Cain/ Getty Images)

2012 Year in Review: Philadelphia’s Daily Newspapers Sold — Again

This year saw Philadelphia’s two daily newspapers change hands for the fourth time in five years, in a secretive deal that involved hedge funds, local political bosses, and the censoring of reporters’ stories.

2012/12/28

Philadelphia’s Daily Newspapers Show Off Their New, Smaller Operation

The owners of the Philadelphia Inquirer and Daily News held an open house in their new headquarters, on the third floor of a former department store at 8th and Market Streets.

2012/07/19

(Credit: William Thomas Cain/Getty Images)

Local Investors Buy Philadelphia Newspapers For $55M

A group of powerful business leaders announced Monday they have closed a deal to purchase Philadelphia’s two largest newspapers from hedge funds for approximately $55 million, a fraction of what investors paid for them in 2006.

2012/04/02

Papers’ Sale Expected To Be Announced Today

An announcement is expected, today, in the sale of the Philadelphia Inquirer and Daily News. A controversial group of local businessmen is likely to be the new owners.

2012/04/02

NJ Comptroller Says Questionable DRPA Payments Went To Norcross Firm

New Jersey’s state comptroller has reviewed the inner operations of the Delaware River Port Authority, saying his office has found a pattern of waste and mismanagement that cost the bi-state agency millions of dollars over a number of years.

2012/03/29

More Layoffs Likely As Value Of Philadelphia’s News Dailies Plummets

Senior managers who run the Philadelphia Inquirer and Daily News envision cutting even more jobs, to cut payroll and clear the deck for potential new owners.

2012/03/27

Friction Between Norcross Brothers Over Rowan-Rutgers Merger?

Amid all the debate over the proposed takeover of Rutgers University’s Camden campus by Rowan University comes what could be a serious difference of opinion within one of South Jersey’s most powerful political families.

2012/03/06