[From article]
On Tuesday, Katz and H.F. "Gerry" Lenfest bought out their partners for $88 million, gaining control of the media company that owns the Inquirer.
"We all deeply mourn the loss of my true friend and fellow investor in ownership of The Philadelphia Inquirer, The Daily News and Philly.com," Lenfest said. "It is a severe loss, but I am pleased to announce that Drew Katz, Lewis's son, will replace his father on the board of our new company."
Katz made his fortune investing in the Kinney Parking empire and the Yankees Entertainment and Sports Network in New York. He once owned the NBA's New Jersey Nets and the NHL's New Jersey Devils and is a major donor to Temple University, his alma mater.
Lewis Katz, co-owner of The Inquirer, dies in plane crash
Last updated: Sunday, June 1, 2014, 9:04 AM
Posted: Sunday, June 1, 2014, 8:26 AM
http://www.dailymail.co.uk/news/article-2645161/Private-plane-seven-people-board-crashes-runway-taking-Atlantic-City.html
Billionaire owner of Philadelphia Inquirer Lewis Katz one of seven dead as private jet crashes and catches fire on the runway
Officials have confirmed all seven passengers on board the private plane to Atlantic City have died
Lewis Katz, 72-year-old co-owner of the Philadelphia Inquirer, was on board
Anne Leeds, wife of Longport, New Jersey commissioner Jim Leeds was also killed
The remaining passengers have not yet been identified
The small aircraft erupted in flames on take off from Hanscom Field in Bedford, Massachusetts
Witness Jeff Patterson says he saw a fireball 60-feet high
Residents as far as Boston could smell 'burning rubber'
By ASSOCIATED PRESS and ALEXANDRA KLAUSNER
Daily Mail (UK)
PUBLISHED: 01:06 EST, 1 June 2014 | UPDATED: 09:44 EST, 1 June 2014
* * *
http://www.philly.com/philly/news/20140602_Lewis_Katz__co-owner_of_The_Inquirer__dies_in_plane_crash.html
Lewis Katz, co-owner of The Inquirer, dies in plane crash
Alfred Lubrano, Inquirer Staff Writer
Last updated: Sunday, June 1, 2014, 4:16 PM
Posted: Sunday, June 1, 2014, 8:26 AM
Katz and Leeds, his next door neighbor and a retired preschool teacher, had been at an event at the home of Pulitzer Prize-winning historian Doris Kearns Goodwin.
His longtime partner Nancy Phillips, who is the city editor at the Inquirer, was not on the plane. There were two other people on the board, and three crew members.
Susan Asbell, the wife of former Camden County Prosecutor, was also identified as a victim, according to NBC Philadelphia.
Marcella Dalsey, a mother of four and the executive director of the Drew. A. Katz Foundation, was also on the plane, according to the Philadelphia Inquirer.
http://nypost.com/2014/06/01/former-new-jersey-nets-devils-owner-killed-in-fiery-plane-crash/
Philadelphia Inquirer co-owner killed in plane crash
By Rebbecca Harshbarger
June 1, 2014 | 9:11am
Lewis Katz's private jet reached 190mph but never lifted off the ground before pilots hit the brakes and crashed, black box reveals
The small aircraft erupted in flames on take off from Hanscom Field in Bedford, Massachusetts on Saturday
Authorities have not speculated on a cause but investigations are ongoing
Katz was killed in the crash just four days after he won control of the Philadelphia Inquirer after a bitter legal battle
Six others perished, including air crew, the pilot and Katz's friends and neighbors, including the executive director of Katz's son's foundation
By DAILY MAIL REPORTERS
PUBLISHED: 17:18 EST, 3 June 2014 | UPDATED: 19:23 EST, 3 June 2014





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