It began looking for a buyer. The family outbid the News , and thought it had a deal. Enter Dean Singleton, chairman of Denver-based MediaNews, with an even higher bid. The family sued to block the sale, but they lost the first round in court in December. An appeal has been filed.
Silicon Valley meets the Rust Belt.
Circulation peaked at around 38,000 in the late 1980s, but beginning in the early nineties, the paper started a long, sickening slide. Paychecks were skipped, free-lancers were stiffed, circulation fell to under 10,000. Enter Bob Burnett, a founding vice president for engineering at Cisco Systems, who, after retiring in 1991 at age fifty, began casting about for something to do. A sixties antiwar activist who had become a Quaker, Burnett sent ITT 's editor, Joel Bleifuss, a complimentary note about an editorial. An e-mail correspondence began.