Paper shuffle?

Atlanta magazine reports that a Nashville businessman has offered to buy the entire Creative Loafing chain (which is in bankruptcy) for $13.3 million. He also plans to bring to Charlotte the Sunday Paper, another chain he owns. He's quoted in the piece as saying he's not sure if CL and SP could coexist in Charlotte. Meanwhile, we've heard that Charlotte Weekly recently had to make some staff cuts, and more cuts are coming at The Charlotte Observer. Please, make it stop!