Jan 30
2020
Buffalo News: Is Darth Vader lurking?
An investment firm with a reputation of buying and gutting newspapers has just bought a stake in Lee Enterprises, which is purchasing The Buffalo News in a deal scheduled to close in March. What’s more, the firm, MNG Enterprises, is reportedly trying to engineer discussions about a mega-merger of newspaper chains, including Lee, Tribune Publishing, and possibly the McClatchy Co. In my column Wednesday, I said Lee’s purchase of The News was bad news that could have been worse. If MNG Enterprises, doing business as Digital First Media and MediaNews Group, gets its hands on The News through Lee, well,[...]