Rupert Murdoch, whose News Corporation owns The New York Post, and Mortimer B. Zuckerman, the owner of The Daily News, are considering the unthinkable: cooperation.
A group led by Mortimer B. Zuckerman is buying the Fifth Avenue building and three other Midtown towers from the Macklowe family for $3.95 billion.
A group led by Mortimer B. Zuckerman is buying the Fifth Avenue building and three other Midtown towers from the Macklowe family for $3.95 billion.
A group led by Mortimer B. Zuckerman is buying the Fifth Avenue building and three other Midtown towers from the Macklowe family for $3.95 billion.
Cablevision appeared likely to prevail in the bidding for the newspaper after the News Corporation pulled out.
Cablevision appeared likely to prevail in the bidding for the Long Island newspaper after News Corporation pulled its $580 million bid.
Cablevision is preparing a $650 million offer for Newsday, while the owners of The New York Observer have dropped out of the bidding.
Mortimer B. Zuckerman, the owner of The Daily News, will make the argument that his bid is more attractive because it does not have the potential to fall into regulatory limbo.
A tentative deal to buy his third New York newspaper would tighten Rupert Murdoch’s grip on American news media.