Sun-Times Media’s parent company, Wrapports LLC, has sold its 32 suburban weeklies [including the Barrington Courier-Review] and six daily newspapers to Tribune Publishing Co.
The deal was announced Friday.
“This transaction allows Wrapports to focus on our international digital strategy and to financially strengthen the Chicago Sun-Times,” Wrapports Chairman Michael Ferro said in a written statement. “We will invest in the Sun Times Network and Cube Network while ensuring the Chicago Sun-Times newspaper remains journalistically independent and on financially sound footing for many years to come.”
Read more here.