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Sunday, August 28, 2005

Documents Reportedly Show Seattle Weekly to be Part of Media Merger by Year’s End

Posted by on August 28 at 16:22 PM

The San Francisco Bay Guardian has the latest on the rumored corporate merger that could make the Seattle Weekly part of an 18-paper chain where the Weekly’s current parent company, VVM, would have 38% of equity in the new venture while Phoenix-based New Times and its primary venture-capital firm, the Boston-based Alta Communications, would have 62%.