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Originally published May 29, 2009 at 2:31 AM | Page modified May 29, 2009 at 8:52 AM

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Newspaper union voting on givebacks ahead of sale

The largest union at the Portland Press Herald is voting on whether to accept contract concessions that would pave the way for the Seattle Times Co.'s sale of its Blethen Maine subsidiary.

PORTLAND, Maine —

The largest union at the Portland Press Herald is voting on whether to accept contract concessions that would pave the way for the Seattle Times Co.'s sale of its Blethen Maine subsidiary.

The Portland Newspaper Guild's executive board agreed last week to a 10 percent wage cut and reduced retirement benefits, setting the stage for Friday's vote by the membership. The agreement includes an stock ownership plan that would give employees a 15 percent stake in the company.

Bangor native Richard Connor, editor and publisher of the Times Leader in Wilkes-Barre, Pa., has been negotiating to buy the Press Herald, the Morning Sentinel in Waterville, the Kennebec Journal in Augusta and other Blethen Maine properties.

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