Newspaper Deals Hit And Miss With PE Firms

  • Thoma Bravo managing partner interested in Tribune Co.
  • New England’s largest alternative paper gets no buyer
  • Warren Buffett, Rupert Murdoch, Koch brothers eye newspapers

While the sale of the parent of the Chicago Tribune is drawing interest from Lee Mitchell, a managing partner of private equity firm Thoma Bravo LLC, a much smaller weekly paper in Boston plans to shut down for lack of a buyer.

Mitchell told the Chicago Sun-Times he’d like to take a look at the books of Tribune Co. Newspapers continue to lose readers to free articles on the Internet and print media valuations have come down, but the digital potential of ...

This content is available for Buyouts subscribers only. Request a free trial to get access for a limited period


Request Trial

If you already have an active Buyouts subscription, please sign in to view this article.