The San Diego Union Sold!

The San Diego Union Sold! - Politics, Business, Civil, History - Posted: 18th Mar, 2009 - 6:39pm

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Post Date: 18th Mar, 2009 - 6:39pm / Post ID: #

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The San Diego Union Sold!

The San Diego Union

The parent company of The San Diego Union-Tribune announced Wednesday that it has reached an agreement to sell the newspaper to the Beverly Hills private equity firm Platinum Equity for an undisclosed price. La Jolla-based The Copley Press Inc. had been seeking a buyer since July 2008, when it hired investment bankers to explore "strategic options" amid a nationwide decline in newspaper advertising and circulation

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