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Rumors of the Milwaukee Sentinel’s imminent demise have been so rampant this week that Editor Keith Spore felt the need to address them in Thursday’s editions.

“There has been no decision to close the Sentinel,” said Spore, who called the talk “irresponsible and inaccurate.”

But a memo posted later Thursday on company bulletin boards indicates a decision of some kind is pending for the 157-year-old newspaper.

In the memo, Journal/Sentinel Inc. President Jim Currow said the company has been searching for a strategy to deal with the millions in additional expenses expected from rising newsprint costs, which might increase as much as 30 percent this year. The company owns the morning Sentinel and the afternoon Milwaukee Journal.

“No decision has been reached,” he wrote. “These are difficult questions that require considerable analysis.”

At 175,000 circulation, the Sentinel is the smaller of the two dailies, although the Journal (circulation 215,000 daily, 489,000 Sundays) has experienced greater circulation losses in recent years.

While the two papers are jointly owned, their editorial departments are independent and competitive. They occupy separate newsrooms in separate buildings connected by a walkway.

Because the advertising and circulation departments of the two newspapers are already merged, the most likely area of cost savings would be in combining the news operations of the two newspapers.