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February 2, 2015 / 13 Shevat, 5775
 
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Makor Rishon to Change Owners

US billionaire businessman Sheldon Adelson.

US billionaire businessman Sheldon Adelson.
Photo Credit: Flash 90

The popular religious-Zionist, Israeli paper Makor Rishon may change owners next week, according to a report in Makor Rishon.

Shlomo Ben-Tzvi is being forced to sell the paper by the court, after debts rang up from the paper’s unfortunate acquisition of the debt-ridden Israeli paper, Ma’ariv.

Twelve groups inquired about acquiring the paper from the court, six groups put in bids, and two bidders are left competing for the final decision.

One of the two final bidders is none other than Sheldon Adelson, who also owns the free Israeli paper, Yisrael Hayom.

The highest bid so far is Adelson’s Yisrael Hayom with NIS 14 million. The Jerusalem Post offered a close bid of NIS 13.5 million.

Makor Rishon was first founded in 1997, and changed owners a few times. The last owner was Shlomo Ben-Tzvi.

For all appearances, it was the purchase of Ma’ariv that set up the chain of events that resulted in the paper being sold.

About the Author: Reports news at JewishPress.com.


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2 Responses to “Makor Rishon to Change Owners”

  1. Ora Cooper says:

    we say more kadish to real unbiased news,now that it is owned by a money guy…

  2. …There is something that Mr. Adelson should know about Gov. Christie: Regardless of whether you believe the governor's press questions, on XM radio, they're are traffic conditions on major routes, Nevada, L.A., Washington D.C., and others. I had an emergency trip to N.C. to Florida and returning 4 days later to N.J. I tuned in to XM's New York and received the bottle neck at the Ft. Lee/G.W. Brdg. on Sept. 2, 2013! I was in Interstate 95 in route to the north on the New Jersey Turnpike. And Christie didn't know about it? Don't back Gov.Christie He'll rob you blind…

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