Will San Diego's best-known newspaper be sold?
The parent company of the San Diego Union-Tribune, Copley Press Inc., is retaining an investment-banking firm to see about a potential sale. Copley recently unloaded its newswire arm and smaller publications in the Midwest over the last year-and-a-half.
A company executive said the downturn in the San Diego real estate market has impacted advertising sales. Many newspapers are also feeling the pinch of the Internet, as more people turn there to get their news.
The UT is the 21st largest daily in the country, with more than 1,000 employees.