June 20, 2013

The Advocate owners in talks with potential buyer

BY: AP Staff Writer JANUARY 25, 2013 | MODIFIED: JANUARY 25, 2013 AT 9:30 PM
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BATON ROUGE, La. (AP) — Capital City Press, which owns The Advocate, is in talks with a potential buyer for the newspaper.

Richard Manship, president and CEO of Capital City Press, says the interested party is a private individual, not a chain.

The Advocate reports (http://bit.ly/11XPlbN ) a specific offer has not been made, and Manship isn't sure if an actual bid will be submitted. If an offer is made, he said Friday he expects it would come in the next couple of weeks. Manship said a sale of The Advocate will be considered, if the price is right.

The potential buyer is not interested in purchasing WBRZ-TV, which the Manship family also owns. Manship says the ABC affiliate is not for sale.

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