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Article: Chicago Tribune Closes in on Magazine Purchase.
- Article from:
- Chicago Tribune (Chicago, IL)
- Article date:
- July 30, 2002
CopyrightCOPYRIGHT 2002 Chicago Tribune. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Jim Kirk
Jul. 30--The Chicago Tribune, considered early on as a dark horse in the race to buy Chicago magazine, is close to finalizing an agreement to buy the city magazine, sources close to the deal said Monday.
Neither the newspaper nor Primedia, the New York-based owner of the magazine, would comment Monday on specifics of the discussions. But sources said that an announcement could come as early as Wednesday.
"The bidding process has been very active," a Primedia spokesman said. "There is nothing to announce."
Only several days ago, the Tribune was considered the least likely suitor to win what became, in the end, a ...