Saturday, January 28, 2012

Morris: Times-Union is not for sale - Jacksonville Business Journal:

gorbunovabowiper.blogspot.com
In a statement to its employees, Willia S. Morris III, the CEO of , said the companu has asked its creditor s for amendments to itsloan “Despite rumors to the we have not talked to anyone about selling any of our since we sold 14 of our smaller newspapers last the statement reads. “We have no plansx to sell any The Savannah Daily Newsreported Oct. 13 that Morrixs Publishing had been a given a deadline by creditors to sell raising the possibility of new ownershiop ofthe Times-Union, Morris’ biggest and the Savannah Morning The company’s second quarter earnings of $2 million were down 59 percentt from a year earlier, accordinhg to a quarterly report filed with the SEC.
And in the paper offered voluntary employee buyouts to workersd in itsproduction departments.

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