Feder: Will front-runner emerge in bid to takeover Tribune publishing?
Posted November 01, 2018 1:00 am
Michael Sacks, a prominent Chicago businessman and top donor to Mayor Rahm Emanuel, could emerge today as the front-runner to take control of the Chicago Tribune's parent company, Robert Feder writes.
Sources said Sacks, CEO of Grosvenor Capital Management, is poised to make a bid for the shares of former chairman Michael Ferro, who owns a controlling 26 percent stake in the company formerly known as tronc.
Get the full report and more Chicago media news at robertfeder.com.
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