A group of local investors remains interested in buying The Sun in Baltimore.
Former Baltimore County Executive Theodore Venetoulis heads a group of about 20 people that wants to purchase The Sun from Chicago-based Tribune Company. He says the content The Sun provides is essential, and he can’t envision Baltimore without it.
He says his group has made Tribune aware of its interest. A Tribune spokeswoman declined to comment on any potential sale of company properties.
Tribune has announced it will eliminate 100 jobs at The Sun through buyouts and layoffs.
Venetoulis says The Sun remains profitable and his group would likely be willing to operate it at a lower profit margin.
Venetoulis publishes a newsmagazine about business and politics.