The Press: No Comment

Mum was the word. Los Angeles Times Publisher Otis Chandler was on a hunting safari and could not be reached. Newsday's majority stockholder, Captain Harry Guggenheim, was out of reach in Florida. Newsday Publisher Bill Moyers was not answering his phone. "Mr. Moyers is just like everyone else around here," said an assistant. "He's under orders not to say anything to anyone about the situation."

The "situation" that all of them were not talking about was the possible sale of the nation's largest suburban daily to the publishing giant of the West. Informal...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!