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.”
When the feud between rival ownership factions surfaced, the primary combatants — co-owners George Norcross and Lewis Katz — each owned equal shares, about 26 percent of the company.
There was yet another surprise in the lawsuit between the warring owners of the Philadelphia Inquirer.
Publisher Robert Hall once told workers the current lawsuit represents the “Allies versus Axis powers,” and they “can’t be Switzerland and sit neutral in the middle,” according to recent testimony.
Lawyers for rival owner factions at the Philadelphia Inquirer were making arguments n a Philadelphia courtroom on what they say has been “editorial interference” by the ownership group.
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.