Tampa Tribune Sold to Revolution Capital Group
Last newspaper group owned by Media General Inc.
TAMPA, Fla. (AP) — A private equity investment group has bought The Tampa Tribune newspaper from Media General Inc. for $9.5 million, the newspaper reported Monday.
The Tribune's longtime corporate owner, Virginia-based Media General Inc., is transferring ownership of the Tribune, its affiliated newspapers and TBO.com to the Los Angeles-based Revolution Capital Group. The investment group has formed a locally owned company, The Tampa Media Group, to run the paper.