Swiss billionaire Wyss decides to drop out of bid for Tribune - Bloomberg, NYT ...Middle East

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Swiss billionaire Wyss decides to drop out of bid for Tribune - Bloomberg, NYT
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Swiss billionaire Hansjoerg Wyss has decided to drop out of a group that was bidding for Tribune Publishing Co, the New York Times https://nyti.ms/3mVTnyG and Bloomberg News https://bloom.bg/3dpvHji reported on Saturday. The decision was made in recent days after Wyss' associates examined the Tribune's finances as part of a due diligence process, according to the NYT report, which cited people with knowledge of the matter.

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