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Article: BLETHEN MAINE PAPERS INCH CLOSER TO SALE Connor, equity firm, tell 22 non-union workers they won't be needed.
- Article from:
- NewsInc
- Article date:
- June 8, 2009
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Despite the economic downturn and unprecedented advertising recession, newspaper mergers and acquisitions continued apace in recent days, with the deal to sell Blethen Maine Newspapers inching forward and the contenders for Washington, D.C.'s Congressional Quarterly Inc. -- owned by Florida's St. Petersburg Times -- narrowing.
Maine's Portland Press Herald reported today that 22 non-union workers at Blethen Maine -- which includes not only the Press Herald, but also the Kennebec Journal in Augusta, the Morning Sentinel in Waterville and the MaineToday.com web sites -- have been told their services will no longer be needed when a consortium headed by Richard ...