Financial Times FT.com

News Corp enters bid battle for Tribune

By Matthew Garrahan in Los Angeles and Aline van Duyn in New York

Published: January 23 2007 22:14 | Last updated: January 23 2007 22:14

Rupert Murdoch’s News Corp has joined the Chandler family in its bid for Tribune Company, with an eye to taking a stake in New York’s Newsday newspaper.

Newsday, which is based in Long Island, is one of Tribune’s largest newspapers, along with the Los Angeles Times and Chicago Tribune. The media group, which put itself up for sale in September, also includes 23 television stations and the Chicago Cubs baseball team.

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