Report: Rendell interested in Philadelphia Media Network investment
February 3, 2012By Shannon McDonald
Ed Rendell, newspaperman. Like the sound of it?
Apparently so does Rendell. Philly mag reports the former Philadelphia mayor, Pennsylvania governor and overall well-involved guy has expressed interest in forming an investor group with sights set on the Philadelphia Media Network.
Conveniently, PMN stakeholder Alden Global is looking to unload its 30 percent control of the company.
Rendell's investor group reportedly includes Local 98 leader Johnny Doc.
Is there anything in Philadelphia Rendell doesn't have his hand in?
Dave Davies is looking into the details.