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DEAL, OR NO DEAL?

Authors :
Fitzgerald, Mark
Source :
Editor & Publisher. Jan2010, Vol. 143 Issue 1, p28-30. 3p. 5 Color Photographs.
Publication Year :
2010

Abstract

The article focuses on the possibility that the proposed sales of U.S. newspapers will push through in 2010 after they were halted in 2009. According to a broker, New York Times Co. was dismayed with the low sale offers for the periodical "The Boston Globe," which it acquired for about 1.1 billion dollars in 1993. It states the likelihood that publishers will put community papers in the merger and acquisition (M&A) market. It is said that the financing poses the major barrier to the M&A of newspapers.

Details

Language :
English
ISSN :
0013094X
Volume :
143
Issue :
1
Database :
Academic Search Index
Journal :
Editor & Publisher
Publication Type :
Periodical
Accession number :
48156457