The news in Baltimore last week was about the news. On Tuesday reporters for the afternoon News American, which traced its roots to a weekly founded in 1773, learned that they were working on their last edition. Its banner headline: SO LONG, BALTIMORE. Thus the News American, which liked to boast that it published the Declaration of Independence, was unable to report a story on Wednesday: its rival, A.S. Abell Co., owner of the Baltimore Sun, would be sold for $600 million to the Los Angeles-based Times Mirror Co.
That the Sun fetched such a hefty price just after its main...
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