More on Reilly/MediaNews/Hearst Settlement

MORE ON REILLY/MEDIANEWS/HEARST SETTLEMENT
[SOURCE: Editor&Publisher, AUTHOR: Mark Fitzgerald and Jennifer Saba]
The dust refuses to settle on last week's settlement between San Francisco Bay Area businessmen Clint Reilly and local newspaper owners MediaNews and Hearst. On Friday, MediaNews Group President Jody Lodovic accused Reilly attorney Joe Alioto of misrepresenting terms of the settlement -- and said the Denver-based chain was "strongly considering" suing him for breaching confidentiality terms of the agreement. In reply, Alioto said -- to paraphrase -- 'bring it on.' On Saturday, Alioto repeated his argument that the settlement was key to the survival of the smaller area papers. The original goal of the lawsuit was to unwind the sales and trades among The McClatchy Co., Hearst and MediaNews that gave MediaNews ownership of two big former Knight Ridder Bay Area dailies, the San Jose Mercury News and the Contra Costa Times. Joining those two papers with other MediaNews Bay Area dailies was fundamental to keeping the smaller papers competitive, Alioto said.
http://www.editorandpublisher.com/eandp/news/article_display.jsp?vnu_con...