Two billionaires are thought to be the financial backers of one bid to purchase Chicago-based media company Tribune Publishing.
The New York Post cited sources as saying businessman Ross Perot, who unsuccessfully ran for president in 1992 and 1996, and Dallas Cowboys owner Jerry Jones are the money men behind AIM Media Management's bid. The CEO of that company is Jeremy Halbreich, who formerly worked as the CEO of the Chicago Sun-Times.
Halbreich, the Post noted, has worked with Perot and Jones on past business dealings.
The Tribune controls several media properties nationwide and may be sold for as much as $700 million. The Post reported that three bids for the company have been submitted, which the board of directors were expected to review Monday.
Tribune Publishing was formerly part of Tribune Media before it was spun off in 2014. Tribune Media made its own headlines this year after it nearly merged with Sinclair Broadcast Group before pulling out of the deal in August.
© 2025 Newsmax. All rights reserved.