A newly formed local group is bidding to acquire The Press Democrat, the regional newspaper based in Santa Rosa, California, that serves Sonoma County and its renowned wine country. It was reported a month ago that huge, privately-held Hearst was in the process of acquiring The Press Democrat from its current owners, another local group of wealthy individuals.
Hearst did not confirm the negotiations, but a member of the current ownership group told The San Francisco Standard that he and others are “aging” and looking to find a responsible buyer.
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