Poor Mort Zuckerman. The New York Daily News boss has been trying to get someone to buy his paper for about five months now, and no one seems particularly interested. This is what happens when you propose that someone take on a business that loses between $20 and $30 million a year.
Over the past few months, John Catsimatidis, Jimmy Finkelstein and Steve Witkoff were all rumored to have bid for the paper. Witkoff was even negotiating with the Daily News’ unions.
However,
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
Subscribe today!
To Read the Full Story Become an Adweek+ Subscriber
Already a member? Sign in