Sussman to get 75% stake in MaineToday Media
A new restructuring plan finalized today between MaineToday Media and Maine billionaire Donald Sussman gives Sussman 75% ownership in the media company.
In February, Sussman outlined a deal to become a 5% equity partner through a $3.3 million loan to MTM. But as the deal went through its due diligence, investors, including out-of-state pension funds, insisted ...