Guild explores purchase of Blethen Maine Newspapers
Portland Newspaper Guild announce vote on new contract
Members of the Portland Newspaper Guild today voted to ratify a new contract that allows an investment group led by Maine native Rich Connor to buy Blethen Maine Newspapers in partnership with empl
Portland Newspaper Guild Encouraged by Local Effort to Buy Maine Newspapers
The announced exclusive negotiation period between Blethen Maine Newspapers and Maine Media Investments is good
Newspaper's Employees Consider Buying the Company
Reported by: Barbara Cariddi, MPBN Radio News Producer
Maine newspaper takes out its own Want Ad
(Amy Sinclair, NECN: Portland, Maine) - These are tough times in both the newspaper and broadcast business. Some companies are downsizing and laying off workers to handle the decline in ad revenues brought on by the flagging economy. At Maine’s largest newspaper, employees are hoping to take control of their own economic future.
Newspaper Guild Retains Advisor and Announces Exploration of Bid for Blethen Newspapers
The Portland Newspaper Guild announced today that it has launched an exploratory effort to make a bid for local employee ownership of the Blethen Maine Newspapers and Web sites following the Seattle Times Co. announcement last month that it was offering all its Maine properties for sale.
- How can employees invest in an S Corporation structure?
- Benefits of an “employee friendly” management structure?
- Who would management be and how will they manage?
- Why group papers together – why not consider each paper on its own?
- If an ESOP is considered the best way to go, does everyone have to participate?









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