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

March 30, 2021

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.

Article Source: Baltimore Sun

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