Geraldo, Wife Sell Assets

By Stephen M. Silverman

10/13/1997 at 12:00 AM EDT

Geraldo Rivera and his estranged wife, C.C. Dyer, have sold their seven-acre New Jersey estate and the weekly newspaper they published, The Two River Times, saying that they are planning to move, reports the Associated Press. Both properties were sold to California telecommunications honcho Michael Gallagher, who assured staff members at the paper that he did not plan to change its format. Though the Riveras listed their estate (which has two homes on it) at $8.9 million, the final purchase price was not disclosed.