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Articles tagged Sargent McCormick (6)

Rupert Murdoch owning the New York Daily News? A McCormick controlling the Chicago Tribune again? The L.A. Times pulling a Washington Post, aiming to run the industry’s underlying infrastructure? A lot of change is coming soon.
What will happen to the price of Tronc shares as investors, a good number of speculators among them, assess the post-L.A. Times value of a major daily newspaper chain effectively halved in the deal?
For a company that’s known little but chaos in its short life, the degree of uncertainty is now as high as ever. Just about the only thing we know: Tronc execs will come out well in the end.
As much of Tronc’s turbulence looks to be clearing, new questions are emerging about who will next lead the big metro chain.
“To whom will we now turn to enliven the continuing conflagration that is the American newspaper industry?”
What are the first challenges the new ownership faces? What happens to the Tribune name? And could Chicago see two locally owned daily newspapers?