Koch brothers drop pursuit of Tribune papers

Published: Saturday, Aug. 24, 2013 5:30 a.m.CDT

The Koch brothers are dropping their pursuit of newspapers owned by the Tribune Co. of Chicago.

Koch Industries, run by the billionaire brothers Charles and David, said Friday that it is still interested in the media and is exploring a broad range of opportunities.

Tribune publications include the Chicago Tribune, the Los Angeles Times, the Orlando Sentinel and The Sun, in Baltimore.

Reports first surfaced four months ago of the Koch's interest in Tribune after the company in December announced plans to sell its papers.

Watch Now

Player embeded on all DDC instances for analytics purposes.

Sycamore Defeats DeKalb at NIU - April 17, 2014

More videos

Reader Poll

What's your favorite Easter tradition?
Church services
Family dinner
Easter egg hunt
Easter bunny
Decorating eggs