In 38 years at the game, Publisher Samuel I. Newhouse has never exhausted either the will or the cash to buy newspapers. Fortnight ago, he added to his 14 papers by acquiring a healthy $3,600,000 slice of the Denver Post (TIME, June 20). Last week, still hot after bargains, Newhouse made a quick trip to Massachusetts, came home with a $4,000,000 piece of Springfield's three jointly held newspapers.
If anything, the second buy was a better bargain than the first. The Denver Post has been barely scraping by on the balance sheet, but the...
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