Observer Squashed Sale To De Niro A Victim Of Seller's Remorse?

There had been talk that [Observer owner Arthur Carter] might play a continuing role at the paper, most likely on the editorial page. Neither side would disclose the price tag being discussed for the paper. But one source familiar with the negotiations said the Tribeca people were surprised that the deal fell through. The source suggested that Carter perhaps had “seller’s remorse.”

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