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MediaNews attempt to acquire Orange County Register stalls

Friday, August 26, 2011

Lost in the hoopla this week over MediaNews Group’s plans to torch its Oakland Tribune and imageContra Costa Times brands: Its deal to buy the Orange County Register and other Freedom newspapers has stalled. The Wall Street Journal quotes people familiar with the matter as saying MediaNews could try again later, but for now financing is too difficult. Or Freedom and the folks at the Register could maybe escape Dean Singleton’s clutches:
A Freedom spokesman said the company "has reached no resolution or agreement and is continuing to talk with a number of potential suitors."

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