Other bidders, according to people with knowledge of the offers, include Robert Loring, founder of Revolution Capital in Los Angeles and owner of the Tampa Tribune; and John J. Gormally Jr. of Gormally Broadcasting in Springfield, owner of TV broadcast stations and BusinessWest Magazine.
Robert Loring, Revolution Capital Group founder and managing partner, told a Tampa Tribune reporter his company is not focused on improving and reselling the newspaper, but owning it in the long-term. We are definitely in this for the long haul, Loring told the paper. We dont flip businesses.
Media General purchased The Tampa Tribune in a partnership in 1927. Robert Loring, founder and managing partner of Revolution Capital Group, described The Tampa Tribune as a newspaper with strong brand and a long history of serving its community well. We believe strongly in the value of local c
Date: Oct 08, 2012
Category: Business
Source: Google
Media General sells Tribune, TBO to investment group
Revolution Capital founder and managing partner Robert Loring said some investment funds might look at buying a newspaper as "contrarian," but the Tribune "checked many of the boxes we were looking for in terms of our criteria."
Date: Oct 08, 2012
Category: Business
Source: Google
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