Browsing Tag:Tribune

tribune-signals-a-preference-for-a-sale-to-a-new-york-hedge-fund
Tribune Publishing announced Monday that talks about the sale to Newslight, a company founded last month by hotel manager Stewart W. Bainum Jr. in Maryland and Swiss billionaire Hansjörg Wyss, had ended after Mr Wyss split had withdrawn from a planned offer Friday.Tribune Publishing's special panel that evaluates bids said in a press release on Monday that the Newslight...
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swiss-billionaire-is-said-to-end-his-bid-for-tribune-publishing
Swiss billionaire Hansjörg Wyss, who seemed to have come out of nowhere last month to make a serious offer to Tribune Publishing, a large newspaper chain, has decided to withdraw from the offer, according to three knowledgeable people.Two of the respondents said the decision was made in the past few days after Mr. Wyss's staff reviewed the Tribune's finances...
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