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Tuesday, September 12, 2000

Star-Bulletin closing after 117 years

extends deadline
on Star-Bulletin
sale bids

The broker now has until
Sept. 29 to review and
accept the offers

By Rick Daysog

A federal magistrate will grant a two-week extension for the deadline to review and approve bids for the Honolulu Star-Bulletin.

After a one-hour status conference this morning, Federal Magistrate Barry Kurren said he would extend the deadline from Sept. 15 to Sept. 29, according to Phil Murray, the broker handling the sale. Kurren's order was expected later today.

Black Press Ltd. of Canada, Los Angeles-based Hadland Communications, and a group including former Congressman Cecil Heftel, Kauai businessman Jeff Lindner and Kauai-based publishers Peter and Jane McClaran have submitted bids for the 63,000-circulation afternoon daily.

The proposed sale comes after the Star-Bulletin's owner Liberty Newspapers Limited Partnership announced that it was closing the 118-year-old newspaper.

The plan prompted antitrust lawsuits by the state attorney general's office and a local community group, Save Our Star-Bulletin.

The suits eventually forced Liberty to try to sell the newspaper in a court-supervised sale.

"We're moving forward," Murray said.

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