Quote:
Originally Posted by austlar1
Doug Manchester, the elder, is selling his San Diego Union newspaper group for a $25 million dollar loss. I don't think that matters one way or the other regarding Little Dougie's project here in Austin, but it suggests that the Manchester family could use the cash. Here is a link: http://www.latimes.com/business/la-m...ry.html#page=1 |
...or it suggests that they are bailing out of industry in a downward spiral and want to get out before losing even more money.