A Local Group is Organizing to Try to Buy the Baltimore Sun from Tribune Publishing

Posted Friday, May 1, 2020 8:04 am

Rick Edmonds | Poynter

Two local foundations, a former county executive and a NewsGuild chapter are trying to put together a bid to buy The Baltimore Sun out from Tribune Publishing.

The effort has some urgency. Alden Global Capital owns a third of Tribune Publishing stock and appears to be exerting pressure to slash costs. Alden’s “standstill” agreement not to buy more Tribune shares expires in June.

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A Local Group is Organizing to Try to Buy the Baltimore Sun from Tribune Publishing

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