Tribune Co. still wants to buy OC Register
OC Register via Editor and Publisher
March 2, 2016 Jonathan Lasner
The owner of the Los Angeles Times, following a recent management
shakeup, will still bid for the Register and The Press-Enterprise,
Tribune Publishing’s new chief executive said Wednesday.
CEO
Justin Dearborn told analysts on a conference call that the company
still is actively working on a bid for the assets of Freedom
Communications, which filed for bankruptcy protection in November.
Freedom’s two newspapers and related assets will be sold in a
court-supervised auction this month. But Dearborn noted that “there is a
price where we would walk away” from the Freedom bidding.
Dearborn,
a former health care industry executive, became Tribune CEO last week,
replacing Jack Griffin, who was ousted in a boardroom coup orchestrated
by Chicago investor Michael Ferro
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