Showing posts with label Edmund Lee. Show all posts
Showing posts with label Edmund Lee. Show all posts

Tuesday, December 11, 2012

South Florida Sun-Sentinel is for sale; Bloomberg News report: Tribune Company's newspapers, including Chicago Tribune and Los Angeles Times will be sold within months, post-bankruptcy

I'm already thinking about who I'd like to see buy the newspaper and actually make it respectable and worthy of readers trust. 
I do NOT want to see it sold to anyone who is presently connected to it, and neither should you, since that would be a death spiral.

Bloomberg News

Tribune Said to Seek Bankers for Newspaper Sale
By Edmund Lee & Serena Saitto 
December 11, 2012 12:41 PM ET
Tribune Co., the bankrupt owner of the Chicago Tribune, Los Angeles Times and six other daily newspapers, is interviewing bankers about selling its papers, according to two people with knowledge of the matter.
Tribune Co. is seeking an adviser for a possible sale after the company exits bankruptcy, which is slated to happen by Dec. 31, according to the people, who asked not to be named because the discussions are private. 

Read the rest of the article at:
http://www.bloomberg.com/news/2012-12-11/tribune-said-to-seek-bankers-for-newspaper-sale.html

http://www.tribune.com/