Although the profile and scope of the publication are to be largely retained, the structure of the editorial team will be changed under the new ownership, as will the staff. Furthermore, the "frankfurter rundschau" ("FR") is to appear as an independent and left-liberal newspaper, promised the "frankfurter allgemeine zeitung" gmbh ("FAZ") and the frankfurter societat gmbh as new investors. Both had reached agreement with the insolvency administration on the purchase price on thursday night. The purchase price has not been disclosed.
The downside of the newspaper deal is that, despite the secure future, most of the company’s 450 employees will have to leave. Only 28 employees are taken over to form the core of the new team as the main editorial office in frankfurt. The takeover could also cost jobs at berliner verlag, if the "frankfurter rundschau" there drops out of joint jacket production in three months, as planned so far.