Philadelphia Daily News
A faction of co-owners led by Lewis Katz and Gerry Lenfest agreed to pay $88 million for control of the parent company that owns the Philadelphia “Inquirer” and “Daily News.”
A closed-door auction is scheduled Tuesday to determine the future of Philadelphia’s two largest newspapers.
The 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.
The bidding will start at $77-million dollars for ownership of the Philadelphia Inquirer and Daily News.
KYW’s Steve Tawa reports the feuding owners now jousting in a Delaware courtroom pledge to buy the other guys out.
A Delaware judge heard the owners’ disagreement over how to dissolve and sell the parent company of the Philadelphia Inquirer and Daily News.
Stone was the first black columnist at the Philadelphia Daily News and was founding president of the National Association of Black Journalists.
Officer Barrow previously operated a series of a phone sex lines and sex sites.
Chris discusses New Jersey Governor Chris Christie’s latest denial that he had knowledge of the lane closures to the George Washington Bridge, the revelation that software for healthcare.gov was developed in Belarus, and the resignation of New Jersey Congressman Rob Andrews.
Chris reviews New Jersey Governor Chris Christie’s press conference and apology following revelations that his staff orchestrated traffic jams at the George Washington Bridge for a political payback. He also talks to Steve Cordasco on Finance Friday and Ray Didinger to preview this week’s NFL playoff matchups.
Hall-of-Fame sports columnist Bill Conlin, who resigned from the Daily News two years ago amid allegations he sexually abused children, has died.
The School Reform Commission has ordered its lawyer to investigate why dozens of top-ranking Philadelphia School District leaders were hired over the last two years without public notification, in violation of district policy and the Sunshine Act.
But Lewis Katz and Gerry Lenfest say they’re not interested in selling.
When publisher Robert Hall fired Inquirer editor Bill Marimow last week, the feud among the owners of the Philadelphia Inquirer and Daily News become public.
Chris covers the latest round of negotiations to end the government shutdown, the special Senate election in New Jersey between Cory Booker and Steve Lonegan and polling about how politically divided Americans are. He talks to Author Ann Coulter and Tom McGrath from Philadelphia Magazine.