Incisive Media to acquire ALM
Incisive Media, a leading business information provider, and ALM, a leading integrated media company, announced July 5 that they have signed a definitive agreement under which Incisive Media will acquire ALM from U.S. Equity Partners, L.P. for a total value of approximately $630 million in cash. The acquisition is expected to close in the third quarter of this year, upon satisfaction of regulatory approvals and other customary closing conditions.
ALM owns and publishes The Legal Intelligencer and Pennsylvania Law Weekly, both in Philadelphia.
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Tierney team marks the first year both Philly papers show growth
It's been one year since former advertising executive Brian Tierney, backed by a group of local investors, took the helm of the city's two major newspapers with a pledge to begin a "new era in Philadelphia journalism."
Since his group put down $562 million in cash and pension liabilities for the Philadelphia Daily News, The Philadelphia Inquirer and other publications, Chief Executive Officer Tierney has certainly kept busy.
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Hazleton Standard-Speaker sale good for area, new publisher says
People and businesses in Hazleton can become more attuned to places from Scranton to Pottsville now that the Standard-Speaker belongs to a regional news organization, the new publisher told members of the Chamber of Commerce on June 27.
Publisher Scott Lynett said his family’s company, Times Shamrock Communications, can use its resources to make Hazleton better known to its neighboring cities.
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Lawsuit could unmask Philadelphia Inquirer food critic; case hinges on cut of meat
In a case that involves issues as lofty as the First Amendment and as basic as which cut of meat was served, a restaurant critic is being sued for libel for describing a $15 piece of beef as "miserably tough and fatty."
The restaurant is seeking unspecified damages. But the stakes for Philadelphia Inquirer critic Craig LaBan have been raised immeasurably by a judge's ruling that forced LaBan to give a deposition on camera.
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Separating fact, rumor in Luzerne County tests Wilkes-Barre Times Leader staff
Almost wherever you go in Luzerne County the last several months there has been talk about a sting at the county courthouse. But is it all just a rumor?
According to Times Leader Editor and Publisher Richard Connor, "[Times Leader] reporters have probed but to date have not been able to substantiate anything. News organizations only know what they can verify. We are only as good as our sources. So far the sources offer tantalizing leads and tips but nothing we can grasp."
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PASSOPENRECORDS.ORG: Blog for open records!
Beyond the budget
With all the necessary focus on the state’s budget negotiations, open records discussions in the Capitol have pretty much faded from view. This is entirely understandable, but it also requires vigilance on our parts that a new, improved Right-to-Know law not get swept into the dustbin of good ideas and nice tries...
An unsettling thought
Legislators and other public officials who have been relatively good on making public their own records may actually be less likely than others to support expansion of the right-to-know law...
From the Legal Hotline:
Stay tuned for a new hotline question next week.
Use this link to visit the Headlines & Deadlines page, which groups and archives Teri Henning's weekly 'From the Hotline' columns.
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