Today is D-Day for the Inquirer and Daily News. The bankrupt company that owns the papers is up for
auction in New York with three qualified bidders seeking ownership: a consortium of local bidders that includes members of the current ownership group, the papers' creditors and a Canadian publishing company. Each has submitted initial qualifying bids. At the auction, each will get an opportunity to up those bids. The one who places the last bid -- to no counter by another bidder -- will walk away with the papers. No one is sure what the final price will be, but one thing is certain. It will be much lower than what the Phillies just agreed to
pay Ryan Howard.
