Publisher Tronc To Purchase New York's 'Daily News'
The long-struggling tabloid, rival of The New York Post, will reportedly go for just $1 and the assumption of operational and pension liabilities.
Updated at 12:25 p.m. ET
Chicago-based Tronc, the newspaper chain that owns The Chicago Tribune, has struck a deal to buy The New York Daily News.
The venerable tabloid, long a staple of New York's working class and subway patrons, will reportedly be purchased for $1 and the assumption of operational
