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The ‘Viagra of the Newspaper Industry’ Ain’t on the Rise

By Tina Dupuy on April 24, 2008 9:31 AM

sam_zell_new.la.03.jpg
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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