Trustees Shlomo Nass and Yaron Arbel will regain control over Ma' ariv if the Shlomo Ben-Tzvi decides to halt its investment over the paper.
Ma' ariv is mainstream daily newspaper in the Hebrew language available in Israel.
According to a report from "Globes," Shlomo Ben-Tzvi said that in the event that cutbacks are enforced at the newspaper, his family will make another NIS25 million investment in Ma' ariv. Workers of the newspaper have all been vocal in their dissent against the investment plan of Ben-Tzvi.
Because of the rift between the workers and Ben-Tzvi, tomorrow's printing of the news is uncertain.
If the family decides to stop the investment, the two trustees gain control over the newspaper. If that scenario comes into fruition, the newspaper may then be sold.
Rumors have circulated regarding the current situation in the company, including suspension of printing and failure to pay the salaries of its workers last month.
"This morning, management began an ugly campaign of incitement and mendacity to put the responsibility for the company's collapse on the employees, or alternatively to break the union at 'Ma' ariv' and unilaterally harm our rights," announced the Journalist Union of Israel.
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