Peter Kafka: Yes, The Onion is for sale. But also, it might - TopicsExpress

Peter Kafka: Yes, The Onion is for sale. But also, it might just raise some money. Thats what the head of the satirical Web publisher is telling his staff, in a memo you can read below. In an email distributed today, Onion CEO Steve Hannah tells his employees hes pursuing what bankers call a dual track process -- theyre looking for an investor or a buyer. This is the kind of thing reporters hear all the time when they call up a company thats on the block and ask for comment. And its also often true. Because in both cases, youre selling the company -- its just a matter of how much of the company youre selling.

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