His papers in the Bay Area, purchased in a highly leveraged deal three months ago, are laying off employees and outsourcing work to India. Yet, according to the Wall Street Journal, Dean Singleton's MediaNews Group is in the running to buy some of the Tribune Co.'s newspapers, which are up for sale as that company sheds its assets much like Knight Ridder was doing earlier this year
Tuesday, November 14, 2006
Despite layoffs, Singleton may buy more
His papers in the Bay Area, purchased in a highly leveraged deal three months ago, are laying off employees and outsourcing work to India. Yet, according to the Wall Street Journal, Dean Singleton's MediaNews Group is in the running to buy some of the Tribune Co.'s newspapers, which are up for sale as that company sheds its assets much like Knight Ridder was doing earlier this year
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