Israel's Maariv to be sold to owner of daily Makor Rishon
Makor Rishon publisher Shlomo Ben-Zvi comes to agreement with Israeli businessman Nochi Dankner, who controls the daily newspaper Maariv, to purchase it for NIS 85 million.
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Just 17 months after acquiring the Maariv daily, Nochi Dankner's Discount Investment is selling the newspaper after heavy losses. In the deal, as many as 80% of the paper's employees could lose their jobs.