Sussman in wings as new MTM owner
Donald Sussman, the billionaire private equity fund manager and husband of U.S. Rep. Chellie Pingree, has reached a deal with MaineToday Media to become part owner of the Maine media company. According to a release from MaineToday, Sussman and MTM have reached an agreement for a $3 million to $4 million capital loan and 5% equity stake with Maine Values LLC, owned by Sussman. The deal is expected to close soon.
Source: mainebiz.biz