HUFFINGTON POST: …Minority owners H.F. “Gerry” Lenfest and Lewis Katz made an $88 million bid Tuesday morning at an auction at a Philadelphia law firm to declare victory over Interstate General Media’s majority owners George E. Norcross, William P. Hankowsky and Joseph E. Buckelew.
The final auction came after a longtime feud between the owners triggered by the sudden firing of Inquirer editor William K. Marimow. Katz and Lenfest filed a lawsuit in 2013 against the publisher claiming that Interstate General Media overstepped their authority in wrongly firing Marimow and opposing the direction the co-owners were taking the company.
Marimow, who was later brought back as editor following a court decision in November, expressed his support for the two winning owners Tuesday morning… (more)
