Tribune Publishing Company buying San Diego paper
08 May 2015
Tribune Publishing Company has entered into an agreement to buy MLIM LLC, owner of the San Diego Union-Tribune and related properties for $85 million, which includes $73 million in cash and $12 million in Tribune common stock (NYSE:TPUB).
The purchase price also includes nine community weeklies and related digital properties in San Diego County, Calif. The deal does not include MLIM’s real esta