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Blethen Maine Newspapers and the Portland Newspaper Guild have postponed an upcoming arbitration meeting to give a prospective buyer of the newspaper company time to line up financing.
The arbitration stems from a lawsuit the newspaper company filed last June against the union. The lawsuit is over a contractual dispute over whether a buyer of the newspaper company would have to honor its contract with the union.
Maine Media Investments has since stepped forward as a prospective buyer of the company. It initially hoped to close the deal by the end of 2008, but that deadline has been extended by 30 days. Both the Portland Newspaper Guild and Blethen yesterday announced their intention to postpone the arbitration hearing pending the outcome of the potential sale, according to the Portland Press Herald.
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Learn moreThe Giving Guide helps nonprofits have the opportunity to showcase and differentiate their organizations so that businesses better understand how they can contribute to a nonprofit’s mission and work.
Work for ME is a workforce development tool to help Maine’s employers target Maine’s emerging workforce. Work for ME highlights each industry, its impact on Maine’s economy, the jobs available to entry-level workers, the training and education needed to get a career started.
Few people are adequately prepared for all the tasks involved in planning and providing care for aging family members. SeniorSmart provides an essential road map for navigating the process. This resource guide explores the myriad of care options and offers essential information on topics ranging from self-care to legal and financial preparedness.
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