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Thursday, Apr 24
The 'Viagra of the Newspaper Industry' Ain't on the Rise
Sam Zell sold Newsday low.
CNN's Fortune reports:
Nobody's timing was better at the top of the last boom than Sam Zell. Just before the credit markets collapsed, he sold his real estate empire for $36 billion. Now Zell is trying to sell newspapers, and his timing couldn't be worse.
Poor Zell. We'd feel bad for him...if it was Opposite Day.
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