Sam Zell, the billionaire owner of Tribune Co., which filed for bankruptcy protection yesterday, indeed has his eyes on a potential purchase of The San Diego Union-Tribune.

The Los Angeles Times includes this interesting tidbit in its story today about yesterday’s bankruptcy filing:

The company has been considering the possible purchase of the Orange County Register and the San Diego Union-Tribune in an effort to consolidate the Southern California market for print and online advertising.

Zell did not address any acquisition talks with Register owner Freedom Communications Inc. or Copley Press Inc., which owns the Union-Tribune. In response to a question about those possible purchases, he said that strategically sound deals probably would be approved by the bankruptcy judge.

ROB DAVIS

Leave a comment

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.