Text: Rupert Murdoch is rumored to be interested in buying it and turning it into a West Coast version of the New York Post . A circulation-hungry Willes vs. the rapacious  That's just the kind of fight the American newspaper industry needs.
Entailment: It is rumored that Rupert Murdoch is interested in buying it and turning it into a West Coast version of the New York Post.
Contradiction: It is known for a definite fact that Rupert Murdoch intends to buy it and turn it into a West Coast version of the New York Post.