Tuesday, December 16, 2008

Scripps says 'handful' interested in Rocky

A "handful" of individuals or companies have expressed an interest in examining the financials of the Rocky Mountain News, a company official said Monday.

It's unclear whether any will qualify to receive the confidential "deal book" and whether any will make an offer to buy the Rocky, which has been put up for sale by its owner, E.W. Scripps.

Scripps spokesman Tim King said Monday the package full of financial and demographic information still needed to be approved by CEO Rich Boehne.

He called that approval imminent and said the document "definitely will be ready this week."

"There have been some requests (for it), I'd characterize it as a handful," King said. But, he stressed: "Folks who have asked for it - even if it's ready - all they've done is raise their hands and said, 'I'm interested.' "

}}} full story {{{

No comments: