With insatiable appetite, Newspaper Publisher Samuel I. Newhouse, 67, has already bolted down 14 dailies, is in the process of swallowing three more (the Denver Post and the Springfield. Mass., Union and News). And Sam is still hungry. Last week he began to spread the table for his biggest feast yet. On the menu: the New Orleans morning Times-Picayune (circ. 191,751) and its evening companion, the States-Item (160,567).
Tipped by a newspaper broker, Newhouse flew down to New Orleans fortnight ago, heavily loaded with hard cash. Before the nine board members of the...
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