GREENSBORO, NC -- Roy Carroll, recipient of $2 million in City tax credits, a block of a city street onto which he will build apartments and a noise ordinance specially crafted to (successfully) close the rooftop bar below his penthouse condo, supports a proposed redistricting of Greensboro city council because he doesn't think city council has been business friendly enough.
Is Carroll a business whiz or less than sincere?
The following from the Triad Business Journal makes one wonder:
"[Carroll] sent an unsolicited $16 million bid for the News & Record to Warren Buffett, the Omaha billionaire who bought the daily two years ago."
and
"Carroll wrote in the letter to Buffett. 'If a local daily publication is
out of touch with the needs of its constituents, I can only wonder
about its financial performance.'"
Carroll added to his letter "This is not a publicity stunt."
If it's not a publicity stunt, we have to take it at face value: It's a $16 million offer for a newspaper, the value of which the prospective buyer admits he can "only wonder."
Is this revelation a reflection of Carroll's sincerity or of his business acumen?
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