Internal Memo Says TWT to Sell for $1

U.S. News & World Report‘s Paul Bedard has an internal memo claiming that the 30-day impending deal to sell The Washington Times is for $1.

Michael Marshall
, UPI editor and TWT adviser, wrote the memo. Bedard’s writes, the sale will be completed within 30 days and that “many of the former Times officials who were fired by Preston Moon, who has been financing the paper for the past several months, will be reinstalled.” Preston Moon is the son of the Rev.