Feder: Top bidder for Chicago Tribune called influential liberal donor

  • Chicago Tribune

    Chicago Tribune

 
 
Updated 4/14/2021 6:23 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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