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Davar Rishon Survives Closure

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The Israeli daily Davar Rishon has survived another threatened shutdown, for now.

The paper, which first went to press 70 years ago, was set to publish its final issue last Friday.

But in an 11th-hour meeting, a management company agreed to look for investors.

The paper, previously called Davar, was founded by Israel’s Histadrut trade union federation.

The newspaper was taken over by employees last year and renamed after Histadrut officials decided that they could not provide the funds to cover the paper’s growing deficit.

The newspaper, with a circulation of about 20,000, continued to be published under the leadership of veteran journalist Ron Ben Yishai.

Last week was the newspaper’s second brush with closure in a year.

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