Feder: Top bidder for Chicago Tribune called influential liberal donor
Posted April 14, 2021 1:00 am
Hansjörg Wyss, the Swiss billionaire who has his sights set on owning the Chicago Tribune, has been a major donor to progressive causes and the Democrats who support them, The New York Times reported Tuesday.
Along with hotel magnate Stewart W. Bainum Jr., Wyss has made a $680 million bid for Tribune Publishing, exceeding that of New York-based hedge fund Alden Global Capital.
Earlier The Wall Street Journal reported that Wyss ultimately plans to turn over control of the paper to a nonprofit trust.
Get the full report, and more Chicago media news, at robertfeder.com.
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