This is crazy. He just bought the paper this week:
Lewis Katz, 72, co-owner of The Philadelphia Inquirer, The Daily News and Philly.com, died Saturday night in the crash of a private jet at a Massachusetts airfield.
Katz’s death was confirmed by Inquirer editor Bill Marimow, who said he learned the news Sunday morning from close associates.All seven people were killed aboard the private aircraft that crashed at Hanscom Field and erupted into a fireball, authorities said Sunday.
The Gulfstream IV crashed about 9:40 p.m. Saturday as it was departing for Atlantic City International Airport in New Jersey, said Matthew Brelis, a spokesman for the Massachusetts Port Authority, which operates the air field.
“There were no survivors,” Brelis said. “Our thoughts and prayers are with the people on board and their loved ones.”
The names of the other victims were not immediately released.
On Tuesday, Katz and H.F. “Gerry” Lenfest bought out their partners for $88 million, gaining control of the media company that owns the Inquirer.
“We all deeply mourn the loss of my true friend and fellow investor in ownership of The Philadelphia Inquirer, The Daily News and Philly.com,” Lenfest said. “It is a severe loss, but I am pleased to announce that Drew Katz, Lewis’s son, will replace his father on the board of our new company.”
Shit happens. Sometimes by accident and sometimes not. Big stuff that happens is never by accident. So is this guy’s death big or little? Was he the intended target? There were 6 other deaths which have not been immediately identified. Were any of the dead hookers? Will this incident be written up as fact or fiction? Nick Bergdorf was released yesterday. We released 5 Taliban leaders in exchange for Bergdorf. Was that the whole deal? Or was Katz’s death also necessary? Shit happens.
Were any of those five prisoners exchanged actually suspected of anything serious, or were any of them some of those innocents that we can’t get anyone to take?
What’s the deal on this Katz guy? Was he decent, or was he Murdoch-lite scum? What kind of expectations did people have for those papers after the owenership change?
“It is a severe loss, but I am pleased to announce….”
That was a very weird statement to make.
When Plutocrats die, my first thought; Who inherits?
Ron, I think that the meek do.