
Money – New York Daily News owner Mortimer Zuckerman has submitted a $580 million bid for Tribune Co's Newsday daily newspaper on Long Island, New York, matching a bid by News Corp Chief Executive Rupert Murdoch, according to a source familiar with the matter.
Not a member? Sign-up today!
Visit AOL Money for the latest market news, stock quotes, the web's best online portfolio manager and help with every aspect of personal finance.
It'll be a sad day for Long Islanders if Murdock takes Newsday over!
But why?