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Mort Zuckerman Sells Shares To Invest In Daily News

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First Posted: 08- 3-09 08:16 AM   |   Updated: 09- 3-09 05:12 AM

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Mort Zuckerman Daily News

Wall Street Journal:

Media and property mogul Mortimer Zuckerman is taking money out of real estate to invest it in his newspaper. The Boston Properties Inc. chairman disclosed in a Securities and Exchange Commission filing this past week that he will sell one million shares in the company, reaping some $50 million. Some of that money will go toward new printing presses for Mr. Zuckerman's New York tabloid, the Daily News, Mr. Zuckerman said in an interview Friday.

Read the whole story: Wall Street Journal

Media and property mogul Mortimer Zuckerman is taking money out of real estate to invest it in his newspaper. The Boston Properties Inc. chairman disclosed in a Securities and Exchange Commission fil...
Media and property mogul Mortimer Zuckerman is taking money out of real estate to invest it in his newspaper. The Boston Properties Inc. chairman disclosed in a Securities and Exchange Commission fil...
Filed by Danny Shea  |  Report Corrections
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