Auction To Determine Sole Owner of Philadelphia Inquirer Set For Next WeekThe bidding will start at $77 million. That's the minimum figure the three-person faction led by George Norcross and his rivals, Lewis Katz and Gerry Lenfest have pledged.
Potential Third Bidder Emerges In Inquirer Ownership FeudThe feuding owners fighting for control of the Philadelphia Inquirer and Daily News now know more about a potential third bidder, the Newspaper Guild. It represents reporters, photographers and others.
Judge May Hear Competing Auction Scenarios In Battle Over Philadelphia's NewspapersBill Ross, executive director of the Newspaper Guild, which represents newsroom workers, says the "company appears to be gridlocked."
Norcross Group Offers $29 Million Buyout to Inquirer Minority ShareholdersBut Lewis Katz and Gerry Lenfest say they're not interested in selling.
Philadelphia Newspapers' Owner Threatens Shutdown If Unions Don't Give CutbacksThe owner of the Inquirer, Daily News, and philly.com says it may liquidate operations if it doesn't reach new contracts with its labor unions by next Friday.
21 Accept Buyouts at Inquirer and Daily News; 19 More Workers To Be Laid OffMeanwhile, the union that represents workers at Philadelphia's two major daily newspapers is challenging the layoffs.
Final Sale of Phila. Newspapers Hung Up on Union Disputes