Florida investor offers $100 million to help Maryland hotel exec buy Tribune Publishing

A Florida investor in Tribune Publishing has offered to invest $100 million in Maryland hotel executive Stewart Bainum’s bid to buy the Chicago-based newspaper chain. Former media industry executive Mason Slaine, who until recently was Tribune Publishing’s third-largest shareholder, said he reached out to Bainum Monday to offer his financial support and media experience in an effort to thwart a plan by hedge fund Alden Global Capital to buy the company.