July 25, 2008
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Media: Tribune finalizes property purchase
Tribune Co., parent company of The Sun's publisher, Baltimore Sun Media Group, said yesterday that it has finalized the $175 million purchase of eight former Times Mirror properties. The purchase includes Baltimore properties where The Sun is produced as well as properties used by Tribune-owned newspapers the Los Angeles Times, Newsday and the Hartford Courant. The company said the purchase enables Tribune to eliminate $24 million in annual lease payments.
Lorraine Mirabella
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