P.M. BRIEFING : N.Y. Post Talks Stepped Up
Negotiators for the New York Post and its nine unions stepped up the pace of their talks today after publisher Peter Kalikow moved up his deadline for closing the newspaper by 28 hours.
Kalikow, a real estate millionaire, set a new Friday 8 p.m. deadline to save the nation’s oldest continuously published daily after negotiators met at the Sheraton Centre Hotel for 90 minutes Tuesday. He previously had threatened to close the Post at midnight Saturday.
Post officials and representatives of the Allied Printing Trades Council went into an eight-hour session at the hotel at 11 a.m. today.
Kalikow bought the paper from Rupert Murdoch in 1988 for $37.6 million and has since lost about $93 million operating it.
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