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Tycoon killed in Boston plane crash after $88 million deal to buy Philadelphia papers

on Jun 1, 2014 | 0 comments

By Noel Young

A co-owner of Philadelphia’s two major newspapers was one of seven people who died on Saturday night when a private jet ran off a runway at Hanscom Airfield near Boston and burst into flames killing everyone on board.

Bill Marimow, the editor of one of the papers, The Philadelphia Inquirer, confirmed that one of its owners, Lewis Katz, 72, had died in the crash.

Katz, a former owner of the New Jersey Nets basketball team, and a business associate, Gerry Lenfest, had won a legal battle last Tuesday over the ownership of The Inquirer when they won an auction Read full story ›

Source: The Drum