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Pat Robertson says his attorneys are looking into bid for The Virginian-Pilot [View All]

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Newsjock Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-11-08 10:24 AM
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Pat Robertson says his attorneys are looking into bid for The Virginian-Pilot
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Source: The Virginian-Pilot

Religious broadcaster Pat Robertson, who has sharply criticized The Virginian-Pilot in the past, is considering making a bid to buy the newspaper, an associate said Thursday.

Landmark Communications Inc., a Norfolk-based media company, announced last week that it was evaluating whether to sell all of its assets, including The Weather Channel and The Pilot.

"Although the price for The Weather Channel is a little rich for my blood, I am considering a potential bid for the Pilot and have asked my attorneys to look into it," Robertson said in an e-mail forwarded by his personal assistant, G.G. Conklin. "It would be particularly helpful to provide internships for Regent University journalism students."

... Robertson is the first investor to announce that he might seek to acquire The Pilot.

... He offered $6 million for the struggling United Press International news service in 1992 but dropped the bid a month later, saying it would cost too much to keep UPI in business.

Read more: http://hamptonroads.com/2008/01/pat-robertson-says-his-attorneys-are-looking-bid-virginianpilot
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