Maariv Newspaper To Be Sold

By Haaretz September 7, 2012

Israel’s Maariv daily will be sold to Shlomo Ben-Zvi, owner of the daily Makor Rishon, for NIS 85 million, Maariv said on Friday.

Nochi Dankner, who controls Maariv, reached an agreement Friday afternoon with Ben-Zvi, publisher of the Makor Rishon daily, which is considered a right-wing publication. The deal does not include Maariv’s printing house and its public debts.

The deal, which is expected to be closed in upcoming days, is subject to the completion of due diligence.

In a report to Tel Aviv Stock Exchange, Maariv stated that Ben-Zvi will purchase the newspaper, Maariv’s website NRG, its network of local publications, magazines, publishing house, intellectual property rights, and other assets and rights which will be specified in the final agreement.

For more, go to Haaretz.com

A message from our CEO & publisher Rachel Fishman Feddersen

I hope you appreciated this article. Before you go, I’d like to ask you to please support the Forward’s award-winning, nonprofit journalism during this critical time.

The coming year promises to be filled with more complex and historic developments. We are entering an era where independent, fact-based Jewish journalism will be more important than ever. We need to be ready for whatever 2025 will bring, and with your help, we can be.

We’ve set a goal to raise $260,000 by December 31. That’s an ambitious goal, but one that will give us the resources we need to invest in the high quality news, opinion, analysis and cultural coverage that isn’t available anywhere else.

If you feel inspired to make an impact, now is the time to give something back. Join us as a member at your most generous level.

— Rachel Fishman Feddersen, Publisher and CEO