Platinum Equity Buys San Diego Daily

Marino, Jonathan
March 2009
Mergers & Acquisitions Report;3/23/2009, Vol. 22 Issue 12, p18
The article reports on the decision of Platinum Equity to acquire the "San Diego Union-Tribune" newspaper from The Copley Press. The newspaper is the only one serving the metropolitan area. Platinum is a company specializing in the acquisition of businesses facing complex operational challenged in declining or transitioning markets. Copley was advised by Evercore Partners and Munger, Tolles & Olson LLP on the transaction while Platinum had Hughes Hubbard & Reed and Alvarez & Marsal as its adviser.


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