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(Seattle) P-I removes 'for sale' sign after court victory

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Newsjock Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-04-03 12:36 AM
Original message
(Seattle) P-I removes 'for sale' sign after court victory
http://seattlepi.nwsource.com/business/142467_joa04.html

Saturday, October 4, 2003

P-I removes 'for sale' sign after court victory

By DAN RICHMAN
SEATTLE POST-INTELLIGENCER REPORTER

The Seattle Post-Intelligencer has been taken off the market because of its owner's victory last week in a lawsuit against The Seattle Times Co.

In a staff meeting yesterday afternoon, P-I Publisher Roger Oglesby told staff members that The Hearst Corp., which owns the newspaper, had contacted New York-based investment bank Veronis Suhler Stevenson and "told them not to put any more effort into locating potential buyers at this time."

Referring to the King County Superior Court judge who read his decision in the case Sept. 25, Oglesby added, "Now that Judge (Greg) Canova has ruled in favor of the P-I, it's not necessary to pursue that course anymore."

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Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-04-03 12:37 AM
Response to Original message
1. Thank God
The PI ran a story on my lawsuit, the Times would not!
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Myra Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Oct-04-03 12:42 AM
Response to Reply #1
2. Care to elaborate DanSpillane?
I second your "Thank God."
The PI is by far the less whorish of the two papers.
It actually has some good reporters, like Joel Connelly.
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