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With The Dollar Down So Much, Where Are The Foreign Buyers For US Newspapers, Or Could It Be At Any Price They’re Not A Bargain And Locals Need To Be Buyers For Other Than Financial Reasons?
Philip Stone March 20, 2008
With the dollar down as much as it is, where is the foreign money coming in to buy up US newspaper properties at bargain prices? Foreigners seem to be buying everything in sight in the US as the dollar crumbles, but apparently newspapers are not on the shopping list. Wonder why?
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