Thursday, July 30, 2015

City Paper in talks to sell to Metro

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The publisher of Metro might buy Philadelphia´s City Paper.
The publisher of Metro might buy Philadelphia's City Paper. Philadelphia City Paper

Owners of Philadelphia's City Paper are in talks to sell the alternative newpaper - possibly to the owners of Metro, the free daily, which is distributed here and in New York and Boston.

The publisher of City Paper, Nancy Stuski, said: "We're evaluating strategic alternatives and I cannot comment on any specific ones at this time."

Christina Paciolla, city editor of Metro's Philadelphia edition, referred questions to Stuski or a Metro executive.

Businessman and philanthropist Milton Rock is the current owner of City Paper and chairman of MLR Holdings L.L.C., which owns Directors & Boards and Family Business magazines.

Raised in North Philadelphia, Rock was described by his alma mater, Temple University, as "a benefactor of the Pennsylvania Ballet and the Curtis Institute of Music."

Erin Arvedlund

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