San Diego Union-Tribune sold

Nope, not to Sam Zell, Ron Burkle or Dean Singleton. Only time will tell if this is better for the paper and for San Diego. The buyer of the Union-Tribune is the Beverly Hills private equity firm Platinum Equity, one of whose principals is David H. Black, "whose company Black Press owns dozens of community newspapers, mostly in western Canada, and has expanded its U.S. presence with acquisitions of the Honolulu Star-Bulletin in 2000 and the Akron (Ohio) Beacon Journal in 2006," says the U-T story. The San Diego Union had been published by the Copley family of La Jolla since 1928; it combined with the Evening Tribune in 1992.

LA Biz Observed: The Pellicano connection


More by Kevin Roderick:
Two more lion cubs tracked in Santa Monica Mountains
Friday desk clearing
Biden, Michelle Obama add LA fundraisers
Morning Buzz: Friday 8.3.12
Bus riders rejoice: Wilshire to be re-paved
Recent Newspapers stories on LA Observed:
Report: Burkle is leading contender to buy Variety
Thursday morning headlines
Judge finally confirms Tribune Co. bankruptcy plan
Daily Journal lays off photographers, will give cameras to reporters
LANG newspapers get a new top editor

New at LA Observed
Follow us on Twitter

On the Media Page
Go to Media
On the Politics Page
Go to Politics

LA Biz Observed
Arts and culture

Sign up for daily email from LA Observed

Enter your email address:

Delivered by FeedBurner


Advertisement
LA Observed on Twitter and Facebook