Tribune Publishing Considers New Offer From Surprise Bidders
Two months after agreeing to sell itself to Alden Global Capital, a New York hedge fund, the company behind The Chicago Tribune and The Baltimore Sun may shift course.
The Maryland hotel magnate Stewart W. Bainum Jr. has joined forces with a Swiss billionaire, Hansjörg Wyss, in a bid to buy The Baltimore Sun and other newspapers owned by Tribune Publishing.Credit.Jim Lo Scalzo/EPA, via Shutterstock
April 5, 2021, 8:55 a.m. ET
Tribune Publishing, the newspaper chain that includes The Chicago Tribune, The Daily News and The Baltimore Sun, said on Monday that it has begun serious discussions about a sale of the company to a pair of bidders who came through with an offer nearly two months after Tribune agreed to sell itself to Alden Global Capital, a New York hedge fund.
Swiss billionaire Hansjörg Wyss joins bidding for Tribune Publishing
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Swiss billionaire Hansjörg Wyss joins bidding for Tribune Publishing
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