This isn't like investing in a steel mill that would otherwise go out of business. That's not going to happen here. Is there risk Yes, there's risk in any investment, but this would be voluntary. People will take it on with their eyes wide open.
More Quotes from Linda Foley:
We are reaching out on a number of levels and hope they entertain our bid.Linda Foley
Standing still is not an option. Each of the eight properties our advisory team has identified is profitable. We think there are solid business opportunities out there. We are going to go after those properties and we are going to attempt to persuade others in labor, management and the investment community to join us. We have formally requested that Knight Ridder open the process to include our bid.
Linda Foley
The newspaper industry is already dominated by a small circle of ownership groups. Yesterday's news drew that circle even smaller.
Linda Foley
We have found it hard to get credit-history problems straightened out for consumers who live abroad and don't have a U.S. address for mail.
Linda Foley
This is something that we have been screaming about for years. Our most vulnerable populations due to overexposure of their Social Security numbers are students, seniors and members of the armed forces.
Linda Foley
This certainly doesn't appear to be something that was open and transparent. This really does smack of a backroom deal. I find the deal very troubling because of its complex nature and because of the fact it involves so many of these large media companies that compete with one another.
Linda Foley
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