News alert: John Georges potential Advocate buyer
Daily Report has learned that New Orleans businessman John Georges is the potential buyer in talks with the Manship family to acquire The Advocate. Sources familiar with the negotiations tell Daily Report that Georges has been in talks with the Manships since last fall, when the Baton Rouge daily began publishing a New Orleans edition. The Advocate reported on its web site last night that it is in talks with a "private individual" interested in acquiring the 98,000-circulation daily, adding no specific offer has been made. Georges will neither confirm nor deny he is the interested buyer, but he leaves open the possibility. "I don't comment on rumors. If I have something to say I will do a release," he says. "Right now my focus is Galatoire's Bistro in Baton Rouge. It's an amazing success. Having said that, my eyes are wide open all the time." Georges—whose business ventures include grocery distribution, offshore marine services, video and arcade entertainment and investments—ran for governor in 2007. More recently, he acquired the iconic Galatoire's restaurant in the New Orleans French Quarter, and earlier this month opened Galatoire's Bistro in Baton Rouge in the Acadian Village Shopping Center. —Stephanie Riegel
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