Wednesday, January 9, 2013

FishbowlLA: Report: Sale of SF Weekly to Be Announced Today

FishbowlLA
LA Media News, Unspooled
Report: Sale of SF Weekly to Be Announced Today
Jan 9th 2013, 09:30

Just before Christmas, we told you about the imminent expected announcement by Canadian-born media mogul Todd Vogt of another Bay Area acquisition. But the trail went cold into the holidays,  perhaps because CPAs and due-diligence folks have a right to a holiday break just as much as the next person.

Following a weekend item in the San Francisco Appeal about the opinions of Phil Bronstein and Clint Reilly about another possible Vogt transaction, Appeal publisher-editor Eve Batey this morning has the scoop:

A source close to the deal tells The Appeal that the sale of Voice Media Group’s Weekly to the San Francisco Newspaper Company, a consortium including “co-owner, president & publisher, The San Francisco Examiner & The Bay Guardian” Vogt and the CEO of Canadian newspaper company Black Press, will be announced this morning…

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