Monday, November 13, 2006

Hank, Jack, and Eli ride again, for the community

Maurice R. Greenberg May Bid for Tribune - New York Times: There are some really interesting dynamics out there right now. What can all this mean? "Many of Mr. Greenberg's colleagues, including Mr. Broad, Mr. Geffen and Mr. Welch, appear to be interested in purchasing their local papers more for civic reasons than financial ones. Mr. Broad, for example, has told associates that he will be willing to accept lower profit margins to create a paper that benefits the community."

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