March 31, 2012 |
The sale of The Inquirer, Philadelphia Daily News, and Philly.com will likely be announced Monday, according to several sources. A local investor group has spent much of the last two months negotiating to acquire PMN from its hedge-fund owners in a transaction valued at $55 million to $60 million, according to multiple reports. With paperwork still to be signed, delays are always possible at the 11th hour. The buyers of Philadelphia Media Network Inc. are a group of local investors, led by George E. Norcross III, executive chairman of Conner Strong & Buckelew, a South Jersey insurance brokerage; and Lewis Katz, former chairman of Interstate Outdoor Advertising.
February 18, 2012 |
Former Gov. Ed Rendell on Saturday disputed a report that he and a group of business and political leaders might not buy the company that owns The Inquirer, Philadelphia Daily News, and Philly.com, and he lashed out at critics who challenged their interest or right to own the media properties. The group's negotiations are ongoing, Rendell said in an interview with The Inquirer, and its offer was a civic gesture to save the papers. "You'd think this was the first time some political people owned a newspaper," he said.
September 22, 2014 |
Andrew J. Marsico, 40, of South Penn Square, Philadelphia, was arrested Saturday and charged with sexually assaulting an unidentified 27-year-old woman Aug. 21 in Center City, police said. A.J. Marsico is identified on the website of the Harrisburg lobbying firm Greenlee Partners as a lawyer and senior associate, who joined the firm in 1999. Marsico is charged with indecent, simple, and aggravated assault; unlawful restraint; and related offenses, police said. Efforts to reach Marsico were unsuccessful.
September 7, 2011 |
By all appearances, Waterford Township is a bucolic small town nestled on the edge of the Pinelands, a place where wood-sided houses sit under towering oaks and the same families have lived side by side for generations. But behind the town's cozy exterior, passing patrol cars are sometimes watched with suspicion, and words like vendetta and feud come up in conversation. Last fall, the discord took a modern twist with the launch of a website trading in wild gossip that once would have been aired over a cup of coffee at the local diner.
August 2, 2011 |
HARRISBURG - In a time when budget cuts and debt ceilings may make government-spending decisions seem ever more impenetrable, the State of Pennsylvania wants to make it easier for taxpayers to monitor how their tax dollars are being spent. Starting in 2013, individuals will be able to search a single online database to see what the state pays their senator's secretary, or the amount spent to repave a highway, which agency spent it, and who beat out their brother's construction firm for the contract.
March 14, 2011 |
Buying a fake ID on the Internet seems as legitimate as that Ugandan prince promising to send you $3 million after you wire him $3,000. Once you press a send button or drop a money order in the mail, and hundreds of dollars are flying off toward Asia or Europe, it's an international crapshoot. Don't cry to the authorities if you get burned, because they don't care. "Everybody just needs to wait until they're 21," said Mike Horan, a spokesman for New Jersey's Motor Vehicle Commission.
January 27, 2013 |
Students enrolled at the Marlton campus of CDM Institute reported Friday that the New Jersey-based chain of technical and vocational schools appeared to have gone out of business with no warning or explanation. A sign posted Friday on the door of the Marlton location read "CDM Institute is closed," with no additional information. CDM's website offered no indication that the for-profit, nine-location chain had closed its doors, and did not say how many students were enrolled. Calls to numerous phone numbers posted on the website also went unanswered.
August 16, 2012 |
The Camden City School Board approved a $1.2 million contract Tuesday evening with a South Jersey-based substitute-teacher placement agency for the 2012-13 school year. Officials said the board's decision to privatize substitute services by hiring Source 4 Teachers L.L.C. was prompted both by a high teacher-absentee rate in the district and by difficulty obtaining certified teachers as substitutes. Between teachers calling out sick and those on leave, the district must find substitutes each day for as much as 40 percent of its teaching staff.
April 29, 2013 |
Amanda Steinberg was 2 years old when her parents divorced. She grew up driven by something her mother stressed: Never be financially dependent on anyone. Now 35 and a Mount Airy mother of two going through her own divorce, Steinberg became "a maniacal entrepreneur," she says. She had 15 people working for her by the time she was 23 and had formed six companies in 10 years specializing in website development, app creation, and consulting. She's not too proud to admit that "most of them failed.