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Latest Business News

Papers to Proceed to Binding Arbitration

Friday, May 12, 2006 2:07:19 PM

SEATTLE (AP) - Seattle's embattled daily newspapers have decided to proceed with plans to resolve their long-running legal dispute through binding arbitration.

The Seattle Times Co. and The Hearst Corp., which owns the Seattle Post-Intelligencer, announced the arbitration agreement March 30. But their pact allowed either paper to pull out if King County Superior Court Judge Greg Canova refused to freeze all court proceedings during the process.

Canova did refuse, and until Thursday, it was unclear what would happen to the arbitration plan.


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