Ferro selling all his interest in Tribune parent company tronc

Michael Ferro, the tech entrepreneur and would-be media mogul who was the largest shareholder in the parent company of the Chicago Tribune, is leaving the newspaper business.

According to a filing late Friday with the U.S. Securities and Exchange Commission, Ferro is selling all of his stock in tronc to McCormick Media, a new ownership group reportedly tied to the family of the late Col. Robert McCormick, longtime publisher of the Chicago Tribune.

• Find more on this story and other media news reported by Robert Feder at robertfeder.com.