"I don't see how you can make a profit on . . . selling a business that you've wrecked," says one observer. With that in mind, here's what the endgame looks like.
UNC Chapel Hill boasts one of the premier journalism schools in the country, but the recent controversy â of its own making â threatens to be not just a distraction but a detraction.
The UNC Hussman School of Journalism and Media possesses a stable of top-tier teaching and research faculty, several of whom spent years in the profession. The schoolâs graduates routinely land jobs at national media outlets across the country, while others fill the open spots at community newspapers like The Pilot across this state. Its alums are among some of the most prominent journalists and media personalities in the nation, a number of whom have won major awards like Pulitzer Prizes.
After the failure of an 11th-hour push to find an alternative buyer, Tribune Publishing shareholders on Friday approved the $633-million sale of the newspaper chain to the New York hedge
Chief Operating Officer Garry Stran will assume the role of CEO on an interim basis
PCF Group PLC (LON:PCF) said that Scott Maybury has informed the board that he is stepping down as chief executive with immediate effect.
Chief Operating Officer Garry Stran will assume the role of CEO on an interim basis while the specialist lender looks for a replacement it said a statement.
Tim Franklin, chairman, added: The board and I would like to thank Scott for his significant contribution to PCF throughout his 26 years with the Group and wish him every success in the future.
PCF asked for its shares to be temporarily suspended on Wednesday while it carried out a further review in relation to its financial controls and reporting processes.