Breeze deal semi-revealed

The South Bay Daily Breeze will fetch just $25 million and end up in the hands of Dean Singleton's MediaNews Group via an indirect route, according to the San Jose Mercury-News, another recent Singleton acquisition. Court documents filed in the Bay Area disclose that Hearst, owner of the San Francisco Chronicle, will purchase the Breeze from Copley then sell it to MediaNews. The paperwork was filed as part of the publishing companies' response to a lawsuit by San Francisco executive Clint Reilly trying to undo the sale of the Mercury-News and Contra Costa Times to MediaNews. Singleton's acquisition of the Breeze came close enough to closing last month that staffers in Torrance were given new time sheets and told to prepare for the changeover. But the announcement has been put on hold.

More by Kevin Roderick:
Standing up to Harvey Weinstein
The Media
LA Times gets a top editor with nothing but questions
LA Observed Notes: Harvey Weinstein stripped bare
LA Observed Notes: Photos of the homeless, photos that found homes
Recent Newspapers stories on LA Observed:
Read the LA Times response to Los Angeles Magazine's piece
NYT thins more in Los Angeles, and the LAT hires locally
Oops: 6-year-old Betty Broderick story runs in LA Times*
More details on mixed use plan for LA Times buildings
Tribune doubles down on the whole Tronc thing
Tribune Publishing sending its IT jobs to India
Tribune Publishing slides toward parody
Sadly for LAT, this might be worst Tribune yet
Previous story: Afternoon snacks

Next story: Tough times for neon museum


LA Observed on Twitter