Does the NYDN own and/or lease? Though I suppose leases might also be a good reason for purchasing. Though if that were the case, you’d think the rag would be worth more.
Maybe we should forget any rational business explanation for this and look at the political instead....
I think your right but it was sold for $1.00 so someone is
buying the assets and liabilities but for what reason?
Someone may need some tax write offs perhaps?