User uShare Login | Register
Login
Register

Along with posting photos, videos, and stories, your uShare account lets you post Classified Ads, recipes on What's For Dinner, and Announcements.


35° View Weather Current Conditions Sioux Falls Change Location
Set Weather Options

RADAR LOCATION

TEMPERATURE LOCATION

News

[0] My Saved Articles
Back to all news

Business

Find local businesses
on the KELO Pages!

 

Timberwolves Owner Closes Star Tribune Purchase

June 30, 2014, 12:10 PM by Brandon Van Westen

Timberwolves Owner Closes Star Tribune Purchase
MINNEAPOLIS, MN -

Minnesota Timberwolves owner and printing company billionaire Glen Taylor has completed his purchase of the Star Tribune.

The sale was finalized Monday. Terms were not disclosed, but Taylor has put the purchase price around $100 million.

The Minneapolis media company joins Taylor's group of more than 80 businesses worldwide, including the Timberwolves, the WNBA's Minnesota Lynx and dozens of companies in printing and other industries.

The 73-year-old Taylor has said he will not take a managing role with the Star Tribune, although he says he will appoint his daughter Jean Taylor to the board of directors. The company's current management, including publisher Michael Klingensmith, will remain in place.

The Star Tribune emerged from bankruptcy in 2009.

Previous Story

Next Story




Sponsored
 

View business

You may also like

Wells Fargo Lays Off Handful Of Workers In Sioux Falls

2/3/2016 2:27 PM

Spokesperson Staci Schiller said nine employees were given a 60-day notice in its home lending department.

Full Story
Out-Of-Court Settlement Reached In Lawsuit Over Wildfire

2/1/2016 7:34 AM

Court documents indicate a federal judge has signed off on a confidential settlement between Black Hills Power and the 87 plaintiffs.

Full Story
IRS Phone Scam Costing KELOLAND Thousands

2/4/2016 3:05 PM

Those aggressive IRS scam calls plaguing KELOLAND have cost South Dakotans tens of thousands of dollars so far.

Full Story
Toppers Pizza To Open On East 10th Street

2/1/2016 4:13 PM

Toppers Pizza is adding a second Sioux Falls location.

Full Story
South Dakotans: Fast Talking And Patient On The Phone

2/4/2016 7:51 AM

South Dakotans are ranked as the eighth fastest talkers in the U.S., behind Iowa at number 5 and Minnesota at number 2.

Full Story


Events