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Home Domain Sales and Auctions Phillycom 2 Philadelphia Newspapers Sold for 55 Million to Local Business Political Leaders
Phillycom 2 Philadelphia Newspapers Sold for 55 Million to Local Business Political Leaders PDF Print E-mail
Written by Ron Jackson   
Monday, 02 April 2012 19:49
The City of Brotherly Love was rocked by a major media deal today when the Philadelphia Media Network, publishers of Philly.com, the Philadelphia Inquirer and The Daily News was sold to a group of powerful local business and political leaders for $55 million. This comes just 2 years after the company had been purchased for $138 million!

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