Suburban Chicago's Daily Herald may be subject of bidding war

Posted Friday, February 13, 2026 10:06 am

Adam Harrington and Benson Cook | CBS News

A potential bidding war is taking shape for the Daily Herald, the newspaper of record for suburban Chicago.

Weeks ago, the owners of the Herald disclosed to Illinois state regulators that they were exploring a sale to an undisclosed buyer.

Now, Alden Global Capital, the owners of the Chicago Tribune, have said in the form of full-page ad in their own paper that they will pay a 30% premium over any other offer.

Click here to read more.

Comments

No comments on this item Please log in to comment by clicking here

Scroll the Latest Job Opportunities From The Media Job Board

E&P Exclusive Reporting

Keep business objectives in focus as you counsel ad customers on 2027 planning

As advertisers begin planning for 2027, media sales professionals may be asking the wrong questions. In her latest “Ad Sales Life” op-ed column, Shannon Kinney explains why conversations shouldn’t begin with advertising budgets, but with clients’ larger business objectives — and how getting into the room earlier can transform a salesperson from vendor to trusted adviser.

ProPublica database helps journalists scrutinize political appointees’ financial ties

Following the money behind federal political appointees can require digging through thousands of documents scattered across government agencies. ProPublica has done much of that legwork for journalists. In this E&P Quick Read, E&P’s Editor-in-Chief Gretchen A. Peck reveals how ProPublica’s “Trump Team Financials” project combines data, technology and accountability journalism.

Latest Legacy Magazine

#NewsPeople on the move

Legendary Columbus journalist Chuck Williams to lead Ledger-Enquirer

The Georgia Trust for Local News today announced that Chuck Williams, a highly respected Columbus journalist with more than 43 years of experience in print, broadcast and digital media, will return to the Ledger-Enquirer to take on the newly created role of editor and publisher.

Krystal Goodner and Veronica Roessler join Louisville Public Media in key roles

Louisville Public Media announced two new staffers to the organization: Krystal Goodner as “All Things Considered” host, effective Oct. 19, and Veronica Roessler as community engagement and events manager, as of Oct. 12.

See more NewsPeople

Latest E&P Partner News

The Villages Media Group enhances production efficiency with ProImage’s NewsWayX

The Villages Media Group has chosen ProImage’s NewsWayX to streamline its production workflow and address long-standing challenges. The installation of NewsWayX, a cloud-based workflow management solution, has enabled the company to achieve greater flexibility, efficiency and accuracy in the printing processes.

D-R Media invests in operational growth with SCS Community Advertising System

D-R Media and Investments of Venice, Florida, has selected SCS’s Community Advertising System to update and enhance its advertising and production workflows. By implementing CAS, D-R Media will benefit from a unified, organization-wide solution that supports display, classified and digital advertising operations, as well as invoicing, accounts receivable and customer account management.

Helping advertisers get found in AI search: Local media’s next revenue opportunity

As AI changes how consumers find and choose local businesses, publishers have an opportunity to help advertisers remain visible. Duda provides the technology and insights publishers need to improve discoverability, measure business results and deliver those services at scale. The result can be stronger advertiser relationships and new recurring revenue.

Suburban Chicago's Daily Herald may be subject of bidding war

Comments

Federal judge again blocks Trump’s ban on CNN, MS NOW and POLITICO

Pentagon names one of its own public affairs officials to run Stars and Stripes

Trump cancels deposition in BBC case, lawyers say

Bari Weiss’ foreign editor threatens CBS correspondent in clash over citing Palestinian Gaza deaths

Keep business objectives in focus as you counsel ad customers on 2027 planning

ProPublica database helps journalists scrutinize political appointees’ financial ties

Built for the long haul, Fresnoland turns local reporting into impact

Temple Update earns first Student Edward R. Murrow ‘Excellence in Video Newscast’ honor