Union-Tribune Fielding Several Purchase Inquiries
The San Diego Union-Tribune, which went on the block in July, has yet to sell, but not for lack of tire-kicking.
In a story on Oct. 9 the paper's staff reporter, Thomas Kupper, stated that the lineup of interested parties includes the Tribune Co., owner of the Los Angeles Times; San Jose Mercury News parent MediaNews, headed by Dean Singleton; as well as Stephens Media, which publishes the Las Vegas Review-Journal and has investments in several MediaNews publications in California.
Additionally, Canadian-based Black Press, whose U.S. papers include the Honolulu Star-Bulletin and Akron Beacon Journal, has shown interest, as has a Beverly Hills investment firm and KUSI Channel 51, owned by Michael McKinnon.
Meanwhile, the Copley Press, which owns the Union-Tribune, has sold several papers that it owned in and out of state and pared its staff through early retirement offers, buyouts and layoffs.
UCSD Chemist Gets Nobel Nod
Nextwave Brings Home $100M
Pack Raises $3M Seed to Scale Headless Platform
Cloudbeds Grows with Whistle Acquisition
General Dynamics NASSCO Christens 'Sea Base' Ship