Owners add that they would shut down Seattle's oldest daily if no buyer is found in 60 days, though possibly it would continue as an online-only news service.
Both the Maine sale and some Seattle real estate put on the market fail to meet their goal of closing in 2008. This could produce a very tough January for the local daily.
Estimates put the sale price at $30-40 million, about a $200 million loss from the 1998 purchase price. And the Seattle company apparently has to carry unfunded pension liabilities as part of the deal...