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Originally Posted by ATXboom
Good news (except for those laid off)... this is the first step to redeveloping that sweet spot. My guess is they will want to sell to get cash on hand considering that business model isn't working (digital newspaper subscrips). Hope they don't sell to an apartment builder. We need a public/private offer... time for that soccer stadium  |
Cox has some pretty deep pockets and a large broadband/cable operation to provide cash flow. I suspect they will not do a quick sale just to raise money, but I am sure that the parcel is now in play and attracting a lot of interest.