Friday, 08 June 2007
Meanwhile, on the business front
This explains some things:
HT, "kennycan," posting at Daily Pundit. I missed this one this morning.
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This week, investors who purchased loans backing Avista’s buyout of the Star Tribune newspaper learned that the company’s cash flow already is running as much as 20% below Avista’s original financial projections for the deal, which closed just three months ago, according to someone close to the matter. Full-year results also are expected to come in below projections. -- WSJ, quoted here------
HT, "kennycan," posting at Daily Pundit. I missed this one this morning.
Posted by: Old Grouch in
The Press
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06:03:43 GMT
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