Ads Run For Star-Bulletin Sale
Star-Bulletin's Owner Purchasing Honolulu Advertiser
POSTED: 12:57 pm HST March 15, 2010
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HONOLULU -- An advertisement began running Monday in several newspaper publications marketing the sale of the Honolulu Star-Bulletin.The ad satisfies a condition set by the U.S. Department of Justice when the owner of the Star-Bulletin looked for approval to buy the Honolulu Advertiser.A purchase agreement was announced last month and is scheduled to close as early as mid-April.The ad will run for 14 days in the Star-Bulletin, the Advertiser and The Wall Street Journal, officials said.If there is no buyer, the Star-Bulletin and the Advertiser will merge, officials said.The publisher of the Star-Bulletin said one person on the list of contacts for a buyer is Pierre Omidyar, billionaire eBay founder and Hawaii resident who plans to begin an online-only local news service.
Previous Stories:
- March 8, 2010: Newspaper Employees Fret Over Future
- March 2, 2010: Lingle Not Concerned Over Newspaper Merger
- February 25, 2010: Star-Bulletin Owner Buying Advertiser
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