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 the regionally…
New York Daily News Fails To Generate Strong Buying Interest
Mark Melin
Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.