CEO buys struggling New Zealand media company for $1

CEO buys struggling New Zealand media company for $1

Seattle Times

Published

WELLINGTON, New Zealand (AP) — One of New Zealand’s largest media organizations will be sold for a single dollar to its chief executive, the owners announced Monday. The organization Stuff prints many of the nation’s daily newspapers and runs a popular news website of the same name. It employs about 900 staff, including 400 journalists. […]

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