Stories

The latest on Tronc's potential buyers

Tronc logo
Illustration: Lazaro Gamio/Axios

SoftBank is among several possible buyers for newspaper publisher Tronc, Axios has learned from a source familiar with the situation. This comes just days after a NY Post report that private equity firm Apollo is also kicking Tronc's tires.

Why it matters: Financial buyers have mostly avoided newspapers in recent years, fearing they don't have the digital chops to offset declining print revenue.