Fantastic news from the Salt Laker Trib's Tony Semarad this morning. Here's the lede, Peeps:
The Salt Lake Tribune is being purchased by the Huntsman family, the newspaper's top editor, Terry Orme, said Wednesday.Here's the full story folks:
Digital First Media executives, who manage Utah's largest daily for hedge fund Alden Global, confirmed they have entered into a purchase agreement with Paul Huntsman, son of Utah industrialist-philanthropist Jon Huntsman Sr.
The sale price has not been disclosed.
In a statement released on news wires, Paul Huntsman said the family was "honored to be stewards" of Utah's largest newspaper.
"It is important that The Salt Lake Tribune continues in its indispensable role for our community and to be locally owned," Huntsman said. "We hope to ensure The Tribune's independent voice for future generations and are thrilled to own a business of this quality and stature."