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'San Diego Union-Tribune' On Auction Block

The Copley Press announced Thursday that it's putting The San Diego Union-Tribune up for sale. "The last couple of years have been a difficult period for the newspaper industry, especially those in a real estate-dependent market like San Diego," says Copley executive Harold W. Fuson Jr. "The uncertainties pose too great a risk to sit still."

Copley has retained New York-based investment firm Evercore Partners to "explore strategic options, including a potential sale." Copley sold its other properties in California and the Midwest in 2006 and 2007.

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