Freedom Board Looks At Buyout Plan

By: Lucia Moses

The board of Freedom Communications Inc., parent of The Orange County Register in Santa Ana, Calif., last week got its first look at a broad plan by fourth-generation family owners to buy out older shareholders. The board had asked for the plan during the summer in response to pressure from other family shareholders to sell to an outside buyer.

The board expects to finish analyzing the plan, along with other options to buy out the older shareholders, by its next meeting in January.

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