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Businessman wants to buy The Philadelphia Inquirer, but current owners not looking to sell
Reported by: Associated Press
Reported: Sunday, November 3, 2013 3:06 PM EST
A multimillionaire businessman and philanthropist wants to buy the Philadelphia Inquirer, but he doesn't expect the current owners to sell.
The paper says there are no immediate signs that his offer is being considered.
The 96-year-old Perelman has pursued The Inquirer, the Philadelphia Daily News, and Philly.com before. His latest expression of interest comes amid the ongoing legal battle between co-owners George E. Norcross III and Lewis Katz, and other partners.
Earlier this week the feuding sides each offered to buy the other out of the partnership.