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Friday, February 3, 2012

New: Philadelphia Hometown Media LLC, a group started by Tower Investments developer Bart Blatstein and including Klehr Harrison Harvey Branzburg LLP partner William A. Harvey, beer-and-soda millionaire Harold Honickman, Brandywine Realty Trust chief executive Gerard H. Sweeney, and Radnor class-action lawyer  Andrew L. Barroway also want to buy the paper, my colleague Mike Armstrong writes here.

Earlier: New Jersey businessman Lew Katz; Comcast-Spectacor chairman Edward M. Snider; William P. Hankowsky, chief executive of Liberty Property Trust; George Norcross, insurance executive, New Jersey Democratic leader, and chairman of the board of the Cooper Health System and Cooper University Hospital in Camden, and Kris Singh, president and chief executive officer of Holtec International have joined ex-PA Gov. Ed Rendell in a bid for the Inquirer, Daily News, and philly.com. IBEW Local 98 wants in, too. More in Andy Maykuth's and my story here. 

Posted by Joseph N. DiStefano @ 4:53 PM  Permalink | 6 comments
Comments   
  • 0 like this / 0 don't   •   Posted 5:26 PM, 02/03/2012
    The paper cries about the TEA party. Wait until a libertarian runs you.
    CleanupPhilly
  • 0 like this / 0 don't   •   Posted 9:52 PM, 02/03/2012
    Ed Snider a libertarian? He never met a government handout he didn't like.
    Wilhelm Von Humboldt
  • 0 like this / 0 don't   •   Posted 7:43 AM, 02/06/2012
    Katz and Snider missed on their Foxwood casino project, so this will be their new toy.
    jimmymack
  • 0 like this / 0 don't   •   Posted 8:16 PM, 02/06/2012
    Big mistake to have "Fast Eddie" involved it destroys the group's credibility because of "Fast Eddie's" history. The group would be better off without Rendell's involvement. Rendell will use the news papers as a means of soft shakedown of politicians and businesses, send his reporters/henchmen after his enemies to destroy them if they don't give in to whatever "Fast Eddie's" objective is.
    Speak-truth-2-power
  • 0 like this / 0 don't   •   Posted 8:24 AM, 02/08/2012
    That group will be the death knell for the Inqy and DN. They have already become the MSNBC of media outlets and that ownership group will take them even furthur left. And one can plainly see how well that model has worked for past owners.
    jimmymack
  • 0 like this / 0 don't   •   Posted 2:38 PM, 02/09/2012
    Hoping these guys just don't want another trophy on their shelves. Who wants to start a group and publish our own paper. I'm in.
    Sam Pillegi


6 comments
About Joseph N. DiStefano
Joseph N. DiStefano writes this blog to feed his PhillyDeals column in the Philadelphia Inquirer. Joe has been a member of Bloomberg LP’s New York Finance Team, wrote the book “Comcasted,” taught writing at St. Joseph’s University, and studied economics and history at Penn. Reach Joe at 215-854-5194 and JoeD@phillynews.com