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UPI’s chief holders filed suit to remove Nogales.

The suit seeks a restraining order that would remove Luis Nogales as chairman of Media News, the holding company that owns the wire service. Douglas Ruhe, who, along with William Geissler, owns 83% of the stock in Media News, said in a statement that the court suit “clears the way for the sale” of Media News “without interference from third parties"--a reference to Nogales. The statement quoted New York attorney James Harrington, representing the two men, as saying that Ruhe “has been negotiating with several potential purchasers of the company during the past three weeks and . . . a sale is imminent.”


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