‘N.Y. Post’ agreement
NZPA-AP New York A last-minute snag in a deal to! buy the "New York Post” was resolved on Saturday with the new owner giving what a spokesman described as an “ironclad guarantee" on pensions and severance if the tabloid closed. The ! assurance brought Peter Kalikow’s JU537.6 million (SNZSS million) purchase of the money-losing “Post” from Rupert Murdoch a big step closer.
Mr Kalikow was scheduled to take over the "Post" at the week-end.
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Press, 7 March 1988, Page 13
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76‘N.Y. Post’ agreement Press, 7 March 1988, Page 13
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