Hearst confirms that The P-I is for sale
Owners add that they would shut down Seattle's oldest daily if no buyer is found in 60 days, though possibly it would continue as an online-only news service.
Bill Richards
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Seattle Times Co. still trying to close sale of Maine papers
Both the Maine sale and some Seattle real estate put on the market fail to meet their goal of closing in 2008. This could produce a very tough January for the local daily.
Seattle Times tells 500 employees to take 5 days of unpaid furlough
Meanwhile, two other ways for the struggling company to raise cash, by selling Maine papers and Seattle real estate, are still hanging fire.
Tech
Seattle Times Co. struggles with its debt
A deal is close for selling its Maine papers, and the company is trying to peddle some of its real estate in Seattle. Meanwhile, McClatchy, owners of nearly half of the Times Co., continue to write down its stake dramatically.