Heat City is reporting that Freedom Communications is entertaining an offer from Randy Miller of Colorado to purchase the East Valley Tribune, Ahwatukee Foothills News, and Daily-News Sun from the struggling company.
Tribune Deal Expands (Heat City)
A Freedom Communications executive told employees Thursday that there is still a possibility that a buyer could come forward and save the doomed publication.
“We have received inquiries about parts of the company, but most are bottom feeders,” he said. “We continue to get interest (in purchasing the Tribune), but nothing has reached consummation. … We hope someone makes a good offer.”
Executive: E.V. Tribune sale still possible, closure ‘a good marketing tool’ (Heat City)
Buyer Emerges for East Valley Tribune (East Valley Tribune)