Believe it or not, there are investors who still want to buy local newspapers.
Our favorite person of this stripe is an investor who has already plunked millions into the industry and is in the process of spending much more.
"I might be running head first into the buggy-whip business, but I'm not sold on the death of print quite yet," he tells us. (He's asked us to keep him anonymous because many of those deals remain under non-disclosure agreements.)
So what does this investor see in the newspaper industry that the rest of us don't? Lots of room for improvement, for one thing. [Click for MORE]
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