Thursday, June 7, 2007

Philadelphia investor Tierney eyes Dow Jones

(Reuters) - "We don't believe News Corp. is overpaying," Tierney, who
led an investor group that bought the Philadelphia Inquirer and
the Philadelphia Daily News last year for $515 million, said in
a statement. "This is one of the greatest journalistic
enterprises ever created."




He added, "If there is a process for the sale of the
business we would be inclined to participate in partnership
with others."


Read more at Reuters.com Mergers News

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