Newspapers: Merger, Paris-Style

Since he hardly needed money, John Hay Whitney took up newspapering for fun. But recently the fun has been costly even for a Whitney, and Jock has been easing out. Last March he merged his New York Herald Tribune with Hearst's Journal-American and Scripps-Howard's World Telegram & Sun, taking a one-third interest in the new World Journal Tribune, Inc. The Herald Tribune Syndicate had already become a one-third part of the Publishers Newspaper Syndicate three years before; and a month ago Whitney sold even his minority interest in the P.N.S. Still left under Whitney's full control was the Paris Herald...

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