Mystery Man Bids for NY Daily News


The New York Daily News has received bids from John Catsimatidis and Jimmy Finkelstein, but neither appear to be the frontrunner. The New York Post reports that Daily News boss Mort Zuckerman is negotiating to sell the paper to a third, unknown party.

This person is currently taking to the Daily News’ unions to see if they’d be willing to make any concessions. The talks between Zuckerman and the unknown party are expected to conclude in just a few weeks.

There is a chance that this mystery man is real estate mogul Steve Witkoff, who was in the running for the tabloid early, but was out of the country when the bidding deadline passed.

Publish date: June 12, 2015 © 2020 Adweek, LLC. - All Rights Reserved and NOT FOR REPRINT