By Jack Arnhold, Contributing Reporter

RIO DE JANEIRO, BRAZIL – The announcement on Thursday, March 21st, that The Rio Times would close down has prompted Swiss businessman Matthias Camenzind to make an offer to take over the paper, which has now been accepted by current owner Stone Korshak.

Camenzind is also setting out a new vision for the paper that includes an expanded geographical area, more content, and a re-hauled new look.

“What I want our readers to know is that I’m willing to invest in the paper, I’m willing to improve the paper, and I’m willing . . .

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