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'Philadephia Inquirer' Co-Owner Offers To Buy Out Adversary

  • Newsworks, Thursday, October 31, 2013 4:24 PM
George Norcross, co-owner of the Philadelphia Inquirer, has offered to buy out his partners and adversaries, Lewis Katz and H.F. "Gerry" Lenfest, for $29 million. "Katz summarily rejected the notion in a brief telephone interview, but indicated he'd be open to an idea proposed by the Newspaper Guild that the warring sides bring in an 'impartial industry expert' to run Interstate General Media, the company that owns the Inquirer, Daily News, and," writes Dave Davies.

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