By: Staff reports
Potential Bidders Have More Time
The Honolulu Star-Bulletin reports that a federal judge overseeing
the newspaper’s sale has extended the deadline for potential bidders
to Sept. 1.
Originally, potential buyers were to submit their bids by Monday. The
judge said he extended the bid after several interested parties
requested more time to research the company.
The afternoon paper was scheduled to be closed after Gannett Co. Inc.
and Liberty Newspapers decided last year to end the joint operating
agreement between the Star-Bulletin and The Honolulu Advertiser.
An antitrust lawsuit was filed against the companies, which led to the
decision to seek a buyer for the Star-Bulletin. If a buyer isn’t found,
that suit is expected to go to trial next year.
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