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The Partnership That Didn't Last Twenty Minutes

The Partnership That Didn't Last Twenty Minutes

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Ralph Cipriano
Jun 10, 2014
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The Partnership That Didn't Last Twenty Minutes
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Auction winners Gerry Lenfest and Lewis Katz

By Ralph Cipriano
for Bigtrial.net

In the moments after Lewis Katz and H.F. "Gerry" Lenfest won the May 27th auction to buy The Philadelphia Inquirer for $88 million, Katz told Lenfest he wanted his son, Drew, to be a partner in the venture.

According to a source, Lenfest's reply, in the presence of Katz's son, w…

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