E&P: ‘Newsday’ Sale Could Raise Big Antitrust Issues, Economist Says
The widely reported deal to sell Tribune Co.’s Newsday to Rupert Murdoch’s News Corp. may be tripped up on antitrust concerns, the well-known media economist Robert G.
NEWSDAY: Murdoch, Newsday Close to Deal
Newsday’s parent company is near an agreement to sell the Long Island paper to New York Post owner Rupert Murdoch for $580 million, according to a source familiar with the negotiations and to a published report.
AP: Murdoch, Zell Appointed to AP Board
Rupert Murdoch and Sam Zell, two media figures who led major newspaper acquisitions in recent months, are among four new members joining the board of directors of The Associated Press, it was announced Monday at the news cooperative's annual meeting.