Santa Barbara Independent Editor Sues Publisher Over Proposed Sale
february 16, 2010 01:39 pm
Editor-in-chief Marianne Partridge has sued publisher Randy Campbell in Santa Barbara County Superior Court for breach of contract in a legal dispute that Independent
reporter Nick Welsh says "could have major ramifications for the ownership structure" of the paper. Partridge, a minority shareholder, claims that Campbell -- who owns 51 percent of the company -- is in violation of contract language that requires him to offer to sell his stock to Partridge or one of the other two minority owners before selling to anyone else. The dispute stems from Campbell's apparent desire to sell his share of the Independent
to Valley Printers, which prints the paper and is owned by Southland Publishing
, the parent company of four Southern California AAN member papers.