Florida Seeks to Unveil Newspaper Pact: State...
Florida Seeks to Unveil Newspaper Pact: State Atty. Gen. Bob Butterworth said the secret stock settlement between Times Publishing Co. and Texas billionaire Robert M. Bass might harm the nonprofit Poynter Institute, which uses stock dividends from Times Publishing to support various journalism programs. Times Publishing runs the St. Petersburg Times. Butterworth said he would take the issue to court unless the institute immediately provides details of the settlement. The secret pact arose from the Bass group’s attempt to buy the Times for $270 million.
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