(New York) Air America Radio filed for bankruptcy on October 13. Now we hear this.
From ChicagoTribune.com:
Air America Radio is talking to several parties about a possible sale and is hopeful of reaching a deal before Thanksgiving, a lawyer for the liberal talk radio network told a bankruptcy hearing Tuesday.Wait a minute! Does this make a lick of sense? If I were trying to sell a dying horse, I seriously doubt that there would be a "significant amount of interest" from seven different potential buyers. After all, how many glue factories are there?
Tracy Klestadt told the court that the privately held company was in discussions with seven different parties about a sale and was "very hopeful" of reaching a deal by Nov. 22, saying there was a "significant amount of interest."
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