Back to News

We are happy to answer any questions you may have about our services. Feel free to email us at or contact Oliver Cone, Senior Vice President, at 214-692-5476 ext. 32.

April 28, 2016

Chicago Sun-Times parent sells portfolio of suburban publications to Tribune

Bulkley Capital served as exclusive financial advisor to Wrapports LLC (Chicago, Illinois), a media and technology platform whose holdings include the Chicago Sun-Times newspaper, in the sale of 38 media titles to Tribune Publishing Company (NYSE: TPUB).

Bulkley Capital assisted Wrapports’ high profile investor base in evaluating their options as they sought to ensure the financial viability of the Chicago Sun-Times. What resulted was a decision to seek buyers for the group’s suburban print properties, to allow for a greater focus on the downtown daily paper and provide capital for growth.

Through a confidential and targeted marketing effort, including strategic, financial and individual suitors, Bulkley Capital helped Wrapports complete the sale of six daily and thirty-two weekly newspapers to The Chicago Tribune and at the same time restructure the ongoing print and distribution contract between the two parties, resulting in a greater than 20% reduction in costs for the Chicago Sun-Times.

Transaction Announcements