Judge Bans Media from Inky Auction

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By: Ralph Cipriano | Bigtrial.net

A Delaware judge today banned the media from attending next Tuesday’s auction of the parent company of the Philadelphia Inquirer, Philadelphia Daily News, and philly.com.

Vice Chancellor Donald F. Parsons Jr. of the Delaware Court of Chancery, which is overseeing the dissolution of the parent company — Interstate General Media [IGM] — granted the request for a “confidential auction” from owners Lewis Katz and H.F. “Gerry” Lenfest.

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