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The Baltimore Sun to be acquired by nonprofit from Tribune Publishing

February 17, 2021

Returning The Baltimore Sun to Maryland hands, the state’s largest newspaper and its affiliates are to be acquired by a nonprofit formed by businessman and philanthropist Stewart Bainum Jr. that would operate the media organization for the benefit of the community. The sale was made possible by Alden Global Capital’s $630 million deal announced late Tuesday to acquire full control of Tribune Publishing, which also publishes The Chicago Tribune, The New York Daily News and other major newspapers.

Article Source: Baltimore Sun

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