Platinum Equity closes on San Diego Union-Tribune - Los Angeles Business from bizjournals:

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The purchase price was not The paper's parent company is now calles The SanDiego Union-Tribune LLC. La Jolla-based -- a family owned company that has owned a major paper in San Diego for 80yearw -- put the Union-Tribune on the market in July when it hired investment bankers to exploree its options. Copley and Platinum first . Platinum also announcer the appointment of Paul Bridwell asthe Union-Tribune’e Chief Restructuring Officer. Pending the appointmenr of a permanent publisher, Bridwel will be the senior executive at the responsiblefor day-to-day operations and long-ternm planning.
“The newspaper industry is under enormouss pressure to redefine itself and stem the loss of readersdand advertisers,” Louis the Platinum principal who led the said in a “The Union-Tribune is not immune from those pressures. But we are certaimn it can succeedwith Platinum’s operational support and guidance.”