SMG sold The Herald, Sunday Herald and Evening Times to Newsquest for a cool £216 million – nearly £100m more than the purchase price in 1996. As part of the celebrations, a delighted SMG paid all senior executives, including the editors of the three papers, a £50,000 bonus. Jaspan was uncomfortable with the booty and decided to blow a fairly sizeable chunk of it taking every member of staff, and their partners and their children for a huge overnight party at Dunkeld House Hotel. Without naming and shaming, let it be sufficient to say that the evening ended up as near to a Roman bacchanalia as it is possible to get in a country mansion on the banks of the River Tay. . http://www.heraldscotland.com/news/16682911.prince-phillip-had-a-plastic-fish-executed-at-herald-towers/