Tampa Tribune sold for $9.5M


  • By
  • | 4:37 p.m. October 8, 2012
  • Tampa Bay-Lakeland
  • Share

TAMPA — Media General Inc., owner of The Tampa Tribune, announced it has sold the newspaper and its associated digital products to a private equity investment group. The sale, which closed today, was for $9.5 million, subject to adjustments for working capital and other items, yielding net proceeds before expenses of about $2 million, Media General says in a release.

 

Continue reading your article
with a Business Observer subscription.
What's included:
  • ✓ Unlimited digital access to BusinessObserverFL.com
  • ✓ E-Newspaper app, digital replica of print edition
  • ✓ Mailed print newspaper every Friday (optional)
  • ✓ Newsletter of daily business news

Latest News

Sponsored Content