Philadelphia Media Holdings L.L.C. and the McClatchy Co. waited late last night for that final approval, according to people familiar with the talks. The group’s organizer, Brian P. Tierney, dined on takeout from La Collina at his Gladwyne office, while in Center City lawyers with Dilworth Paxson L.L.P. pored over last-minute paperwork. At the Four Seasons hotel, P. Anthony Ridder, chairman of the newspapers’ current owner, Knight Ridder Inc., had dinner with the newspapers’ publisher, Joe Natoli.

To the untrained eye, those dining arrangmentents may seem insignificant, but when rich guys eat like that, it means only one thing. We read smoke signals, so let us translate: It’s on!
Inky: Local Winner Takes All
Daily News: Come To Papa!

This entry was posted on Tuesday, May 23rd, 2006 at 9:49 am.