Group offering to buy Baltimore Sun from Tribune

(AP) — A group of local businessmen is offering to buy Baltimore newspaper The Sun from the Tribune Co. in what would be the latest in a series of proposals nationwide to return large metropolitan daily newspapers to local control.

The Baltimore group is led by Theodore G. Venetoulis, a former Baltimore County politician and publishing executive who once owned a suburban newspaper.

"The group we've put together understand two things," said Venetoulis, who lost a Democratic primary bid for governor in 1978. "One, that this will not be an investment that will provide the usual yield and return that some investors will be used to. Secondly, they've agreed that they would not in any way attempt to jeopardize the paper's independence or attempt to give it a certain ideological bent."

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