New York Daily News Fails To Generate Strong Buying Interest – ValueWalk Premium

New York Daily News Fails To Generate Strong Buying Interest

Mort Zuckerman is throwing in the towel on selling his New York Daily News for $200 million. After three high profile bidders failed to coalesce at Zuckerman’s desired ask and it looks like the real estate and media mogul might be required to go back to the drawing board.

Zuckerman not able to garner $200 million in bids for regionally influential New York Daily News
Just more than two years after Jeff Bezos paid $250 million to take control of the Washington Post, one of the more influential international media outlets, Zuckerman couldn’t attract $50 million less for . . .

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