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Inky Sale Sinks On Teamster Reef
BillLawrenceOnline.Com ^ | 9-14-10

Posted on 09/14/2010 9:15:36 AM PDT by Tribune7

Teamsters Local 628, which represents the drivers of the Philadelphia Inquirer and Philadelphia Daily News, rejected by 191-4 vote Sunday the Philadelphia Media Network Inc.'s (PMN) final contract offer.

PMN is seeking to take over the company, which also includes the website Philly.Com, from Philadelphia Newspapers LLC, which filed for Chapter 11 bankruptcy protection on Feb. 21, 2009.

Philadelphia Newspapers is a subsidiary of Philadelphia Media Holdings LLC.

Local 628 is the only one of the company's unions not to have a agreed with a contract with PMN, a group of 16 financial institutions that bought the properties at auction in April for $139 million. Philadelphia Newspapers, however, maintains control until things are finalized.

(Excerpt) Read more at BillLawrenceOnline.Com ...


TOPICS: Business/Economy; Extended News; News/Current Events; US: Pennsylvania
KEYWORDS:

1 posted on 09/14/2010 9:15:38 AM PDT by Tribune7
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To: abb

ping


2 posted on 09/14/2010 9:15:54 AM PDT by Tribune7 (The Democrat Party is not a political organization but a religious cult.)
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To: Owl_Eagle; brityank; Physicist; WhyisaTexasgirlinPA; GOPJ; abner; baseballmom; Mo1; Ciexyz; ...

ping


3 posted on 09/14/2010 9:17:32 AM PDT by Tribune7 (The Democrat Party is not a political organization but a religious cult.)
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To: Tribune7

Good! Give the blood sucking unions what they want and deserve.......UNEMPLOYMENT!


4 posted on 09/14/2010 9:23:50 AM PDT by DH (The government writes no bill that does not line the pockets of special interests.)
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To: Tribune7
Terminate the contract.

Close the company.

Lay off the union idiots.

Start a new company in the same building, under a different name.

Done.

5 posted on 09/14/2010 9:25:45 AM PDT by NorCoGOP (OBAMA: Living proof that hope is not a plan.)
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To: Tribune7

Typical union response, “We’ll shut this company down!”

Great! Now where are you going to work?


6 posted on 09/14/2010 9:27:19 AM PDT by TSgt (And the war came.)
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To: NorCoGOP

This is Philly.
The union thugs would burn the place down as the police applauded.


7 posted on 09/14/2010 9:28:03 AM PDT by nascarnation
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To: Tribune7

How are DRIVERS going to make living when the Inky goes all-web?


8 posted on 09/14/2010 9:30:12 AM PDT by NativeNewYorker (Freepin' Jew Boy)
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To: Tribune7

do you mean they still put news on paper?


9 posted on 09/14/2010 9:33:22 AM PDT by SF_Redux
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To: Tribune7

Hang in there, unions! Don’t give an inch to those corporate criminals!

Signed, denydenydeny, longtime Inky hater


10 posted on 09/14/2010 9:38:34 AM PDT by denydenydeny ("Tolerance becomes a crime when applied to evil." Thomas Mann)
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Comment #11 Removed by Moderator

To: Tribune7

Boo Hoo. The editorial staff will be missed by the left -wingers.


12 posted on 09/14/2010 3:32:29 PM PDT by Temple Owl (Excelsior! Onward and upward.)
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To: Tribune7

Want to see BOTH the rag and the union go under....


13 posted on 09/14/2010 5:08:23 PM PDT by Tamzee (OBAMA ---- ALL SHAM, NO WOW)
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