TAMPA - The Tampa Tribune was sold to an investment group for $9.5 million, TBO.com reports.
Media General announced that the Virginia-based company is transferring the Tampa Tribune, TBO.com and its affiliated newspapers to L.A. based company Revolution Capital Group.
The company's founder and managing partner Robert Loring said that they don’t plan to flip the business.
“We are definitely in this for the long haul,” he said.
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The remainder of the work week is looking like a summertime pattern with warm and humid days, a mix of sun and clouds. For the rest of the day, our chance for showers and storms continues.