Polk Laffoon
Polk Laffoon
James Knox Polk Laffoonwas a U.S. Representative from Kentucky...
corporate difficult sad
Emotionally, here at the corporate headquarters, this is a sad and difficult day.
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He's upset about the dissolution of the company that he has spent more than 40 years with. It's been very difficult for him emotionally to see the company sold and particularly now to see it not sold as a whole.
company exploring groups individual interest newspapers options selling strategic
We are exploring strategic options for the whole company and we have no interest in selling individual newspapers or groups of newspapers.
decisions might modified operations phase potential reviewed save time together ways whatever
Together with potential bidders, we have reviewed ways in which our operations could be modified to save money. There is a range. But whatever might happen, no decisions have yet been made. And when and if something does happen, it won't be all at once -- it will take some time to phase in.
board due duties respond seriously takes
The board takes its fiduciary duties seriously and will respond in due course.
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Internet sales are booming; everyone is dying to be on it.
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The items discussed in the Wall Street Journal article are not fixed -- far from it.