New York Daily News Up For Grabs as Billionaire Mort Zuckerman Looks to Sell

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By: Rupert Neate | The Guardian

Billionaire property tycoon Mort Zuckerman is trying to sell the New York Daily News, the tabloid newspaper he has owned since 1993. Zuckerman, who controls a $2.6bn real estate empire across Boston, New York, San Francisco and Washington, told Daily News staff that he had hired investment bank Lazard to drum up interest from other billionaires keen to buy the historic newspaper that traces its roots back to 1919.

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