Tribune Publishing to buy San Diego newspaper

SHARE Tribune Publishing to buy San Diego newspaper

SAN DIEGO — San Diego’s dominant newspaper reports that Tribune Publishing, the owner of the Los Angeles Times, has agreed to buy it for $85 million.

U-T San Diego reported Thursday that Chicago-based Tribune Publishing will keep the San Diego newspaper as a separate brand but it would share stories, photos and other content with the Los Angeles Times.

Douglas Manchester, who bought the San Diego newspaper in 2011 for about $110 million, will remain owner of the U-T’s headquarters in the city’s Mission Valley area. He is seeking permission to build 200 luxury apartments there.

U-T San Diego says the deal is expected to be completed before June 30.

Tribune Publishing was created in August 2014 when Tribune Co. split its newspaper and broadcast operations into separate companies. Tribune Media owns the TV and radio operations.

Tribune Publishing in November bought 32 suburban weeklies and six daily newspapers from Sun-Times Media’s parent company, Wrapports LLC.

BY ELLIOT SPAGAT, Associated Press

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