Read as much as you want on BostonGlobe.com, anywhere and anytime, for just 99¢.

Inquirer sale will proceed as planned, partner says

PHILADELPHIA (AP) — A businessman says he expects the upcoming sale of The Philadelphia Inquirer to proceed despite the death of his partner in a plane crash.

Harold H.F. ‘‘Gerry’’ Lenfest says the $88 million deal will be delayed but will continue after the death of investing partner Lewis Katz.

Continue reading below

Katz and Lenfest were to be equal partners in the purchase of the company that operates The Inquirer, the Philadelphia Daily News and the Philly.com website.

The deal was expected to close June 12.

Lenfest says the company will lose Katz’s expertise and creativity. But, he says, ‘‘the paper will continue because we both intended to put a new CEO in charge of the day-to-day operations.’’

Katz and Lenfest were buying out a rival partner from their 2012 purchase of the company.

Loading comments...
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of BostonGlobe.com
Marketing image of BostonGlobe.com