Abstract

News of the weak in review
August 14, 1995 issue

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Mark Willes, the former cereal executive and new chief of the Times Mirror Company, rode into town with a death warrant for New York's unique paper, New York Newsday, we almost yearned for the days of another Californian, Citizen Kane. Wiles killed his paper because even though it was headed past the break-even point it would never earn "an appropriate rate of return."

See Also:

TIMES Mirror Co. -- Officials & employees; WILLES, Mark; BREAK-even analysis; NEWSPAPERS; EARNINGS per share; UNITED States
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