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US judge won’t stop Vegas newspaper buyout bid

September 6, 2013 • Business


Las Vegas Sun Publisher and Editor Brian Greenspun, right, and John Moran Jr. arrive at Lloyd D. George Federal Courthouse for an injunction hearing on Friday, Sept. 6, 2013, in Las Vegas. U.S. District Judge James Mahan said he won’t stop the company that owns the Las Vegas Review-Journal from trying to buy out the family publishers of the rival Las Vegas Sun. (AP Photo/Las Vegas Review-Journal, Jeff Scheid) LOCAL TV OUT; LOCAL INTERNET OUT; LAS VEGAS SUN OUT

LAS VEGAS (AP) — The corporate owners of the Las Vegas Review-Journal cleared one hurdle Friday in a bid to buy out the family publishers of their cross-town rival and end a joint operating agreement with the Las Vegas Sun.

But the family member who runs the Sun promised to keep trying to block Stephens Media LLC from buying the newspaper his father started in 1950 and killing the agreement signed in 1989.

“I believe in this city. I believe in two newspapers. I don’t have a choice,” Sun Editor-Publisher Brian Greenspun said. “What I heard from the judge is, come back with an agreement. This is round one.”

U.S. District Judge James Mahan spoke nostalgically about living in a two-newspaper town, then decided that it was too early to block Stephens Media from trying to buy Sun newspaper and Login to read more

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