Wednesday, February 25, 2009

Looks like Tierney is in the ejection seat

Brian Tierney’s days appear to be numbered as the chief executive of Philadelphia’s Inquirer and Daily News.If and when he departs, drastic cost cutting is sure to follow as Tierney’s beloved dailies come under the control of the evidently frustrated creditors who are on the hook for $412 million in debt and additional accumulated interest payments.“This is a company in need of parental

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