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Daily News suitors dropping out as deadline approaches

“It’s a New York institution and it should survive.”

nydn - Daily News

The auction of Mort Zuckerman’s foundering Daily News is cooling off fast as the May 18 deadline for final bids approaches.

Cablevision boss James Dolan — who has been a bitter opponent of Zuckerman for years — is said to be dropping his $1 bid for the paper and its Jersey City, NJ, printing presses.

Of course these are the words written in rival NY tabloid the New York Post….


By Keith J. Kelly

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