MPBN has a great roundup of the potential problems that surround the group of investors seeking to buy the Blethen newspapers.

Al Diamon, of course, has more, and notes that Michael Liberty once hired a private investigator to track a Press Herald reporter who was writing about his financial difficulties. That reporter was, ironically, none other than Dennis Bailey, now a very high-profile public relations specialist (and blogger) who also happens to be the spokesman for the group of investors.