Save the Athens News
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After nearly 57 years in circulation, the Athens News is under threat of closure. On September 25 it was announced by the Lambrakis Press, which has managed this newspaper since it entered the Lambrakis Foundation in 1993 that it will wind up the operation, possibly as early as Friday 3 October.
The staff are currently engaged in an effort to extend that deadline in order to find new investors to take over the title, archive and books. But it is impossible for any serious investor to carry out due diligence and responsibly and formally register their interest to the current owners within a week. They need an extension of at least a month, in which to make contact with the various potential investors currently reviewing the balance sheet and business plan.
It is felt that a move to pull out the rug from under an independent newspaper which has served the thinking public since 1952 should not stand.
We are therefore appealing to you, the community they exist to serve, to support the case to preserve the newspaper by signing this petition to allow time for an extension for a new owner to be found.
The staff are currently engaged in an effort to extend that deadline in order to find new investors to take over the title, archive and books. But it is impossible for any serious investor to carry out due diligence and responsibly and formally register their interest to the current owners within a week. They need an extension of at least a month, in which to make contact with the various potential investors currently reviewing the balance sheet and business plan.
It is felt that a move to pull out the rug from under an independent newspaper which has served the thinking public since 1952 should not stand.
We are therefore appealing to you, the community they exist to serve, to support the case to preserve the newspaper by signing this petition to allow time for an extension for a new owner to be found.
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