Tribune Publishing gets acquisition bids from McClatchy, Donerail
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Investment firm Donerail Group and newspaper publishers McClatchy Co. and AIM Media submitted bids Thursday for Tribune Publishing Co., according to Bloomberg.
The big picture: In August, Donerail was in talks with then-Tronc, which owns several publications including the New York Daily News, Baltimore Sun and Hartford Courant, about a potential acquisition. Tribune’s board is scheduled to meet early next week. Go deeper: Tribune Media sells Long Island property for $54.5 million; Tronc reverts back to its old name after years of ridicule