Key Moments From the History of the New York Daily News (2017)

TheStreet

 Published on Sep 5, 2017

Tronc Inc. TRNC finally found something it could buy. On Monday, Sept. 4, the U.S.'s third-largest newspaper chain announced a deal to buy the longtime financially-ailing New York Daily News from investor Mort Zuckerman. It gains control of the paper, its printing facility in Jersey City and takes a 49.9% interest on the 25-acre parcel on which the printing plant sits, with Zuckerman remaining majority ownership of that property. In addition, Tronc assumes the paper's pension responsibilities, which have been estimated at $30 million. The no ailing newspaper has a history stretching back nearly 100 years. TheStreet takes a look at some of the key moments from the company's history.