Tuesday, August 27, 2013

Did Corporate 'massage the truth' on DOJ request?

Michelle Leder of footnoted, which takes deep dives into regulatory filings, wonders whether Gannett and Belo were 100% honest when they said last week that a second U.S. Justice Department request for information on their merger deal was routine.

In a post today, she notes that on the Federal Trade Commission's website, she found this: "The vast majority of deals reviewed by the FTC and the Department of Justice are allowed to proceed after the first, preliminary review."

3 comments:

  1. I am shocked.

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  2. Worth noting that Michelle Leder is a former Gannettoid, having worked at the Poughkeepsie Journal in the 1990s. As I recall, she was a wonderful thorn in the flesh of the executive editor.

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  3. They deserved each other. Both were manipulative and needlessly harsh. They inflicted their insecurity and misery on everyone, contributing to a toxic atmosphere that permeated the building. Thank God there were some equally talented people who were not a--holes.

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Jim says: "Proceed with caution; this is a free-for-all comment zone. I try to correct or clarify incorrect information. But I can't catch everything. Please keep your posts focused on Gannett and media-related subjects. Note that I occasionally review comments in advance, to reject inappropriate ones. And I ignore hostile posters, and recommend you do, too."

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