Tribune Hires Investment Banks to Weigh a Sale of Its Top Newspapers

The Tribune Company has hired investment banks to weigh a sale of its top newspapers, including The Chicago Tribune and The Los Angeles Times, the media conglomerate said. The company, which emerged from bankruptcy late last year, has retained JPMorgan Chase and Evercore Partners as advisers, said Gary Weitman, a spokesman for Tribune. Weitman said the move was prompted by unsolicited expressions of interest in the newspapers from various suitors.