Baltimore Sun Media Poised to be Acquired by Nonprofit

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Returning The Baltimore Sun to Maryland hands, the state’s largest newspaper and its affiliates are poised to be acquired by a nonprofit formed by businessman and philanthropist Stewart Bainum Jr. that would operate the media organization for the benefit of the community.

The sale would be part of a $630 million deal announced late Tuesday for Alden Global Capital to acquire full control of Tribune Publishing...

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