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Sign up freeThe Key West Citizen
Key West, Monroe County, Florida
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The Kansas City Star newspaper sold for $11 million to its editor Irwin Kirkwood and associates, ensuring it remains under their control, from the estate of founder William Rockhill Nelson; proceeds fund a Kansas City fine arts collection.
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OLD NEWSPAPER
KANSAS CITY STAR TO REMAIN
IN HANDS OF EDITOR
KIRKWOOD AND HIS ASSOCIATES
(By Associated Press)
KANSAS CITY, July 13.-The Kansas City Star will remain in the hands of Irwin Kirkwood, president editor and his associates. The sale of the Star and its morning edition the Times, for $11,000,000 to Kirkwood and associates was announced last night by the trustees of the estate of William Rockhill Nelson, founder of the newspaper.
Eight bids were considered in the proceeds of the sale to go into the trust fund established by Nelson in his will for the purchase of a collection of works and reproductions in fine arts to be maintained in Kansas City.
Other properties included in the estate will bring the fund up to $20,000,000.
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Story Details
Key Persons
Location
Kansas City
Event Date
July 13
Story Details
The Kansas City Star and its morning edition the Times sold for $11,000,000 to president editor Irwin Kirkwood and associates, announced by trustees of founder William Rockhill Nelson's estate; proceeds to fund fine arts collection in Kansas City.