SI Intelligencer for sale

The Huffington Post reports that Hearst Corp. has put the Seattle Post-Intelligencer up for sale.
The report says if no buyer is found in 60 days the paper could close or move to an online only operation.
The story says: “Seattle is one of two major cities on the verge of losing its second daily newspaper as the industry tries to pull out of a tailspin brought on by falling circulation and advertising revenue. Denver’s Rocky Mountain News recently put itself up for sale in the face of steep losses and could close if a buyer isn’t found soon.”