European Stars and Stripes (Newspaper) - December 10, 1991, Darmstadt, Hesse Page 6 a the stars and stripes tuesday december 10, 1991 a Pressman Terry Tarrants checks out the last edition of the Dallas times Herald. Times Herald s presses Roll for last time following buyout Dallas apr the Dallas times Herald printed its final edition sunday after agreeing to a $55 million buyout by Cross town rival the Dallas morning news. The demise of the times Herald ends 112 years of daily publication and makes Dallas the nation s largest City with just one newspaper. The Dallas morning news will be delivered to All times Herald subscribers beginning today. A this recession has been especially difficult for Media companies and particularly hard on the second newspaper company in a Market a said John Buzzetta publisher of the times Herald which has been sold twice in the past five years. A this action was inevitable. In the last year we approached More than 100 potential investors or buyers for this Roy e. Bode the times heralds editor said the paper had been on the Brink of bankruptcy. A through it All however thanks to a wonderful and very talented group of employees we have continued to publish a very High Quality newspaper a Buzzetta said. The Justice department which reviewed the transaction for antitrust violations approved the Sale As did times Herald creditors. The newspaper s staff which includes 900 full time employees is being Laid off. Full time staff members will receive salary and benefits for 60 Days. Bode said. Employees trickled in through the Back doors of the times Herald building sunday afternoon with Blank looks and empty boxes after hearing the news. Some worked on the final edition others cleared out their new York a the daily news which just months ago was hailing Robert Maxwell As its Savior now Calls the late publishing tycoon a Captain a the Praise is mostly an embarrassing memory a sundays news said in an article. A Robert Maxwell who revealed in the spotlight and the grand gesture has emerged As possibly the greatest Fli Flam artist of them the Story which recapped the Rise and fall of maxwells Media Empire carried the Banner headline a Captain the headline was topped with the words a the Maxwell a secondary headline read a financial wizardry All smoke amp in March the beleaguered paper praised Maxwell for taking it Over and ending a Long bitter strike that nearly closed it Down. A a in a sad for myself. In a sad for the newspaper a said staff writer Marty Sabota. A but mostly in a sad for the people of Dallas who have lost the advantages and the benefits of a two newspaper a a in be never had one shot out from under me before. It hurts a said Molly Ivins a times Herald political columnist. A it hurts a lot More than i Burl Osborne publisher and editor of the Dallas morning news said some times Herald employees May be added to the newspapers staff of 1,700. The times Herald newspaper won three pulitzer prizes. One was Given in 1964 for a photo of Lee Harvey Oswald the alleged Assassin of president Kennedy gasping after being snot by Jack Ruby. The others were awarded in 1980 and 1983. The 106-year-old Dallas morning news also has won three pulitzer in 1986, 1989 and 1991. The latest times Herald figures put the papers daily circulation at 200,730, with sunday circulation at 289,284. The Dallas morning news has a daily circulation of 406,768 and a sunday figure of 618,283. Times Mirror co. Sold the times Herald in 1986 for $110 million to Media news group inc., a group led by Dean Singleton. In 1988, Singleton sold the paper to dts Media inc., a group of investors led by Buzzetta. Terms of that Deal weren t disclosed. Dts was the Parent company of times Herald printing co., which published the newspaper. The latest Deal also settled a syndicated features Dis Ute Between the two newspapers. In addition to the 55 million Sale Price . Belo corp., publisher of the news will pay the times Herald $1.5 million to Settle pending appeals in the Case. The news said Wall Street raiders Michael Milken and Ivan Boesky were a rank amateurs in the theft department compared with Maxwell. Maxwell died last month while sailing on his yacht in the Mediterranean. British authorities Are investigating allegations that Maxwell raided pension funds and other assets from his publicly held corporations to prop up his privately held ones. His crumbling Media Empire is $4 billion in debt. Maxwells heirs filed for bankruptcy Protection last week As the daily news filed a chapter 11 bankruptcy petition in Federal court in new York. Maxwells son Kevin publisher of the news insists the paper in t for Sale. Media analysts say that even if it were a buyer would be Tough to find for the debt Ridden dog gets boy tangled in Christmas tree from wire reports Fremont neb. A a 10-year-old boy trying to keep his dog front throwing up on a Rug was pinned when the family Christmas tree fell on top of him. The boy John Roemer was Able to reach a cordless Telephone and summoned rescuers Friday after the Accident which occurred after he pushed his nauseated dog off the Rug in the Nick of time. Police and firefighters pulled the artificial tree off the boy who was not spurs protest Wichita Kan. A activists Are urging an end to the Selling of a doll portraying a homeless girl even though a portion of its Price is donated to homeless causes. The wide eyed a Street hearts doll shoeless and wearing a flannel shirt jeans and knitted Cap trivializes a the problem of homelessness and particularly homelessness among children a said the Rev. Richard schuster executive director of St. Luke a Community services. The non profit group runs a homeless shelter in Stamford Conn. But Judy Conners salvation army development director in Wichita lauded the doll which is being sold by a Wichita Man saying it helps people realize the homeless Arentt just old men drunks or bag ladies. Retail Price of the doll is $50, and $5 from each Sale goes to found on artefacts Buffalo . A scientists have found human blood a possibly 11,000 years old a on a Stone knife Blade discovered in Washington state a a this is the blood of the Clovis a Buffalo archaeologist r. Michael Gramley said referring to the culture believed to have populated North America just after the last ice age. Gramley Leader of last years excavation at the East Wenatchee wash., site said archaeologists also found the blood of Bison Deer and Rabbit on artefacts. He estimated the blood could be 11,000 years old. The dig was halted after indians protested claiming the area could be a burial families win suit san Bernardino Calif. A jury awarded $3.75 million in damages to the families of three boys who were molested by boy scout leaders in 1988. Jurors on Friday found the boy scouts of America and its Inland Empire chapter negligent in checking the backgrounds of two leaders. The boy scouts organization planned to Appeal. The three families from Twenty nine Palms Calif., filed a lawsuit after the scout leaders pleaded guilty last year to molestation involving several boy scouts and a girl. The sex attacks took place Over 10 months in 1988. James Buxton of Twenty nine Palms pleaded guilty last year to 18 felony child molestation counts and was sentenced to 42 years in prison. Buxton was scoutmaster for wonder valleys boy scout troop 341, which has disbanded. David Reed an assistant scoutmaster pleaded guilty to 16 felony molestation counts and was sentenced to 38 years in cheaper report says los Angeles a the average nationwide Price for All grades of gasoline was 123.35 cents per gallon As of dec. 6, a decrease of 0.6 cents the Lundberg letter reported sunday. A the drop since nov. 22, the Date of the last Lundberg Survey was the first since october said Trilby Lundberg publisher of the Petroleum Market newsletter. Based on a dec. 6 Survey of 13,000 gasoline stations nationwide the average Price of self service regular unleaded was 109.95 cents per gallon Premium unleaded was 126.81 cents and regular leaded was 104.84 cents. Prices for full service at the pumps were 138.20 cents for regular unleaded 153.35 cents for Premium unleaded and 138.41 cents for regular leaded. Desks. Maxwell goes from Savior to Crook
