Say It Ain't So, P-I

Categories: Media, Money
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KING-5 is reporting that the Hearst Corporation will announce tomorrow that it's putting the P-I up for sale. The joint operating agreement with the Times requires Hearst to put the P-I up for sale 30 days before it closes, so there's that to consider. 

Maybe Howard Schultz can redeem himself and save the P-I from potential extinction. It'd create some conflict of interest when it comes to covering coffee, but it'd be a hell of a lot better than losing the paper altogether.

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