Spanish Daily Splits With Tribune

  • October 9, 2003
The Lozano family, founders of La Opinion, the nation's largest Spanish language daily newspaper, and Tribune Co. Thursday announced plans to dissolve their partnership. The Lozano family has retained UBS Investment Bank, a leading global securities and investment banking firm, as their advisor in seeking financing for a repurchase of Tribune's equity in La Opinion. The move comes as Tribune has begun expanding its own Spanish language daily brand, Hoy, into the New York marketplace.
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