Los Angeles billionaire Dr. Patrick Soon-Shiong has sold The San Diego Union-Tribune to an affiliate of the MediaNews Group for an undisclosed amount, it was announced on Monday.
Denver-based MediaNews Group is owned by Alden Global Capital, which owns roughly 200 publications, including the Chicago Tribune.
The News Group is the parent company of the Southern California News Group papers, among them the Orange County Register, Los Angeles Daily News, Riverside Press-Enterprise, Daily Breeze, Long Beach Press-Telegram, San Gabriel Valley Tribune, Pasadena Star-News, Whittier Daily News, San Bernardino Sun, Inland Valley Daily Bulletin and Redlands Daily Facts.
