Indian buys two US newspaper!

Krishna P. Singh, co-founder, president and CEO of Marlton, N.J.-based technology company Holtec International, is part of a business consortium paying about $55 million to acquire major two daily newspapers — the Philadelphia Inquirer and the Philadelphia Daily News — and Web site philly.com.

Singh has M.S. and Ph.D. degrees from the School of Engineering and Applied Science at the University of Pennsylvania. The Indian American entrepreneur donated $20 million to the university to establish a Krishna P. Singh Center for Nanotechnology, which broke ground in February 2011.
Holtec’s customers include more than 150 U.S. power generation stations and over 80 commercial nuclear power plants.
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