Freedom Sale May Mean Other Deals

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By: Lucia Moses Employees and shareholders of Freedom Communications Inc. aren't the only ones awaiting the outcome of the company's quest for a liquidity solution. One weekly group with papers in several of Freedom's markets has told likely Freedom bidders it is looking for a buyer, said broker John T. Cribb, who is representing the group. If Freedom is sold, he expects other ripple effects on deal-making.

Final bids for Freedom, due last week, will be considered during an Oct. 1 board meeting.

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