The Salt Lake Tribune sold to wealthy industrialist family

Source: Associated Press

The Salt Lake Tribune sold to wealthy industrialist family

Brady Mccombs, Associated Press

Updated 7:16 pm, Wednesday, April 20, 2016

SALT LAKE CITY (AP) — A son of wealthy industrialist Jon Huntsman Sr. has agreed to buy The Salt Lake Tribune, ending uncertainty about the future of Utah's largest newspaper that has long been an independent watchdog in a state where the Mormon church wields significant power.

Digital First Media, which runs major publications in Colorado and California, reached an agreement to sell the newspaper to Paul Huntsman, the company said Wednesday. Terms of the deal were not disclosed.

The Huntsmans, who run a major cancer research center and whose name adorns university arenas and college programs, are one of the most influential families in Utah.

They are Mormon, but Paul Huntsman said the Tribune's role in the community won't change. His father made similar comments two years ago when he disclosed that the family was interested in buying the Tribune to preserve a crucial independent news voice.


Read more: http://www.chron.com/news/us/article/The-Salt-Lake-Tribune-sold-to-wealthy-7260182.php