P-I owner Hearst is not only putting the P-I up for sale with a short deadline, it's also NOT making a $1 million annual payment that gives it first refusal rights to the Seattle Times, so it seems that they don't have any plans to merge the two.
A local group trying to put together a deal for the P-I demanded to know if Hearst made the payment. I presume they needed to make sure the way was clear in order to line up financing.
http://www.bizjournals.com/seattle/stories/2009/02/02/daily21.html
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