This week’s notable deaths included a former owner of New Jersey sports teams who recently bought the Philadelphia Inquirer newspaper; an ex-New York Yankees coach who spent 60 years in Major League Baseball; and a leading black investment banker on Wall Street. Below are summaries of these and other obituaries from the past week.
The owner of the Philadelphia Inquirer and the Philadelphia Daily News asked a judge to approve hiring a lawyer to investigate the “unauthorized recording” of a meeting held before the company entered bankruptcy.
Lewis Katz, a parking, billboard and sports mogul who through the years owned the New Jersey Nets basketball team, New Jersey Devils hockey team and, most recently, the Philadelphia Inquirer newspaper, has died. He was 72.
Owners of the Philadelphia Inquirer, who can’t agree on the firing of the newspaper’s editor-in-chief Bill Marimow, must wait for a judge’s decision on where to hear their lawsuits over the dispute as they disagree on the venue as well.
The Philadelphia Inquirer and its sister newspaper will have two bidders competing to buy them out of bankruptcy at an auction in which the opening offer is less than half the value of a deal that fell apart this month.