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Lewis Katz arrives for the auction of the
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Lewis Katz arrives for the auction of the The Philadelphia Inquirer and Philadelphia Daily News on May 27, 2014, in Philadelphia. Katz and philanthropist H.G. Lenfest prevailed in the auction for Philadelphia's two largest newspapers with a bid of $88 million.(Credit: AP / Matt Rourke)

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Lewis Katz dead in Massachusetts plane crash that killed 7

Lewis Katz, 72, co-owner of the Philadelphia Inquirer, Philly.com, and the Philadelphia Daily News, was one of seven passengers killed in a Massachusetts plane crash. Katz made his fortune investing in the Kinney Parking empire and the Yankees Entertainment and Sports Network. He once owned the New Jersey Nets and the New Jersey Devils.