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Murdoch Is Seen Acquiring the Daily News as Part of Tronc Breakup

Nick Turner
Murdoch Is Seen Acquiring the Daily News as Part of Tronc Breakup

Could Rupert Murdoch unite New York’s two major tabloids after nearly a century of competition? The billionaire’s publishing arm, News Corp., already owns the New York Post, a property it bought in 1976. The turn of events would be set in motion by the potential breakup of the Daily News’ current owner, Tronc Inc. Investment firm Donerail Group, backed by Starboard Value veteran William Wyatt, is preparing to acquire Tronc’s 10 daily newspapers and possibly sell them to individual buyers, Doctor said.

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