Is it just me or is reality bending to look more like reality TV all the time?
According to various reports Alden Global Capital, the hedge fund that controls MNG Enterprises, is positioning itself for a hostile takeover after Gannett, The Commercial Appeal's parent company, balked at its $1.8-billion acquisition proposal.
Shade has been traded between Gannett and Alden/MNG since the big G initially characterized the proposal as "not credible."
"Buying Gannett is a tall task ... I'm not sure Alden can get the financing to buy Gannett," a media banker told The New York Post in a story suggesting MNG's true ambition was to be acquired by Gannett.
"Indeed, given MNG's refusal to provide even the most basic answers to Gannett's questions, it appears that MNG does not have a realistic plan to acquire Gannett," Gannett responded.
Shortly after the announcement, MNG took its beef live describing Gannett's plan for the digital news business as "pie in the sky" and "not believable."
These comments are in keeping with previous disses from Alden, which had released statements dogging "the team leading Gannett" for having, "not demonstrated that it's capable of effectively running this enterprise."
"The Death Star of Newspaper Chains," as MNG had been called, still publicly insists that Gannett overpaid for digital assets and is currently "presiding over a declining core business" and cash flow. "Gannett's deep structural problems are better fixed by experienced operators such as MNG," MNG concluded. Continue Reading
In the past, home owners are restricted to some limited options when they are in search of the best alternatives for natural grass to be installed in their San Diego homes. Artificial grass and huge rock garden are the best options you can consider to be installed in your homes and office.
Some year's back just one variety of artificial grass is available which looks unreal. Things are getting better these days, there are quite pretty number of varieties available when it comes to installing artificial lawns with real and natural feel. This is motivating many people in San Diego to use artificial turf instead of real grass.
Artificial turf fields are on their way to Petaluma, CA. Three artificial turf fields are scheduled to be installed at a Petaluma park. Artificial turf fields will also be installed later at two high schools who are following suit.
Parents have expressed their concerns however concerning risk of bacterial infections, heat conduction, the effects of crumb rubber, and increased risk of physical injuries to players.
A high school in Keizer, OR, is beginning to raise money for a new sports field to be installed with synthetic turf. The high school, McNary High School, says if it raises $1 million, they'll be able to get rid of their irregular and inconvenient natural grass field which has patches of dead grass scattered across its face and replace it with synthetic turf, which will save the school district money and increase usability. The school hopes to start converting their current fields to synthetic turf this summer and to have it completed by the next school year.
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