Suitors for Tribune Publishing Co have until Thursday, Nov. 1 to submit an offer for the company, the New York Post is reporting. Lazard is advising on the process, the story said. Tribune had been hoping to sell to the McClatchy family, which initially appeared to have the backing of billionaire Patrick Soon-Shiong. But Soon-Shiong looks like he has backed out of adding new cash to the deal, the NY Post said.
Source: https://www.pehub.com/2018/10/bids-for-tribune-publishing-due-thursday-new-york-post/
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