Philly Newspaper Wins Pulitzer Prize Amidst Bankruptcy


Two investigative reporters from The Philadelphia Daily News were awarded the Pulitzer Prize for their work on a yearlong series of stories about a corrupted police narcotics team. However, the newspaper company itself is still in bankruptcy. The parent company of The Philadelphia Daily News and its sister publication, The Philadelphia Inquirer filed for bankruptcy in February 2009 and since then has been fighting to keep the newspapers from being taken over by their creditors. A lot may be decided when the newspapers’ assets go under the auction hammer on Tuesday, April 27. The owners of the newspapers, led by Philly resident Brian Tierney, himself a former PR man are making a bid at the auction.

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