Union-Tribune Sale Triggers Interest from L.A.

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The proposed sale of The San Diego Union-Tribune has attracted interest from a number of newspaper companies as well as investors from outside the industry.

In recent weeks, representatives of Los Angeles Times owner Tribune Co. and Los Angeles Daily News parent MediaNews were among those who visited the paper’s Mission Valley offices for presentations on the business. Representatives of Los Angeles billionaire Ron Burkle’s Yucaipa Cos. received a presentation, as did Beverly Hills investment firm Platinum Equity, the investment vehicle of billionaire Tom Gores.

KUSI/Channel 51 owner Michael D. McKinnon has expressed interest in putting together a group of investors to keep the paper under local ownership, but it isn’t clear whether he received a presentation.


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