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Apr 1, 2007

Media acquisitions

Saipan Tribune owner Tan family will acquire Marianas Variety and Pacific Times for an undisclosed amount. Marianas Variety and Pacific Times have been having financial difficulty to a point where employees` salaries have been reduced by 10 percent since 2006 and have always been delayed in payment of workers` wages. Tan Holdings, meanwhile, after the closure of its controversial garment factory and a halt in equally controversial poker operations, has focused its resources on hotels and newspapers, among other things, thus the planned acquisition of Marianas Variety, which turned 35 years old on March 16, and newcomer Pacific Times. MCV, meanwhile is up for sale.

Gotcha there ha? This is only a joke. The acquisitions and closure are not true. It`s April 1 after all. Happy April Fool`s Day!

2 comments:

jaded said...

you wish

Anonymous said...

i heard variety employees will be paid their normal salaries effective April 1 which is ironically April Fool`s Day.

so yes, it`s true their salaries were cut by 10 percent since last year.

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This site is the Saipan Middle Roaders' blog--the wannabes, the frustrated ones, and the repressed ones...

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